Ashmore Group plc 14.6% Potential Upside Indicated by UBS

Broker Ratings
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Ashmore Group plc using EPIC/TICKER code (LON:ASHM) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ today by analysts at UBS. Ashmore Group plc are listed in the Financials sector within UK Main Market. UBS have set their target price at 500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 14.6% from the opening price of 436.4 GBX. Over the last 30 and 90 trading days the company share price has increased 44.8 points and increased 90.2 points respectively. The 52 week high share price is 581.5 GBX while the 52 week low for the share price is 281.8 GBX.

Ashmore Group plc has a 50 day moving average of 402.50 GBX and a 200 Day Moving Average share price is recorded at 466.07. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,559,517. Market capitalisation for LON:ASHM is £3,131,783,049 GBP.

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    Ashmore Group plc reports a $2.4 billion decrease in assets under management for the quarter ended 30 June 2024, driven by net outflows and investment performance.
    Ashmore Group plc (LON:ASHM) announces assets under management update for the quarter ended 31 March 2024, showing a decrease of US$2.1 billion.

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