Ashmore Group plc 21.1% Potential Upside Indicated by UBS

Broker Ratings
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Ashmore Group plc with EPIC/TICKER (LON:ASHM) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. Ashmore Group plc are listed in the Financials sector within UK Main Market. UBS have set their target price at 425 GBX on its stock. This indicates the analyst now believes there is a potential upside of 21.1% from today’s opening price of 351 GBX. Over the last 30 and 90 trading days the company share price has increased 39.8 points and decreased 219.5 points respectively. The 1 year high stock price is 581.5 GBX while the year low stock price is currently 281.8 GBX.

Ashmore Group plc has a 50 day moving average of 433.55 GBX and the 200 Day Moving Average price is recorded at 486.70. There are currently 712,740,804 shares in issue with the average daily volume traded being 3,342,840. Market capitalisation for LON:ASHM is £2,585,823,549 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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