Ashmore Group plc 34.1% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Ashmore Group plc using EPIC/TICKER code (LON:ASHM) has 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 410 GBX on its stock. This now indicates the analyst believes there is a possible upside of 34.1% from the opening price of 305.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 264.2 points and decreased 201.2 points respectively. The 1 year high for the share price is 581.5 GBX while the year low stock price is currently 294.8 GBX.

Ashmore Group plc has a 50 day moving average of 521.30 GBX and a 200 day moving average of 503.53. There are currently 712,740,804 shares in issue with the average daily volume traded being 2,586,573. Market capitalisation for LON:ASHM is £2,152,477,228 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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