Ashmore Group plc 3% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Ashmore Group plc using EPIC/TICKER code (LON:ASHM) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Ashmore Group plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 390 GBX on its stock. This would indicate that the analyst believes there is a downside of -3.0% from today’s opening price of 402 GBX. Over the last 30 and 90 trading days the company share price has increased 14.6 points and increased 59.4 points respectively. The 52 week high for the share price is currently at 430.6 GBX while the year low stock price is currently 334.6 GBX.

Ashmore Group plc has a 50 day moving average of 387.37 GBX and the 200 Day Moving Average price is recorded at 371.14. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,113,854. Market capitalisation for LON:ASHM is £2,853,814,135 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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