Ashmore Group plc 5.1% Potential Decrease 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 ‘NEUTRAL’ 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 460 GBX on its stock. This would imply the analyst believes there is a potential downside of -5.1% from the opening price of 484.6 GBX. Over the last 30 and 90 trading days the company share price has increased 60 points and increased 111.4 points respectively. The 52 week high share price is 487.8 GBX while the year low stock price is currently 334.6 GBX.

Ashmore Group plc has a 50 day moving average of 427.30 GBX and the 200 Day Moving Average price is recorded at 381.38. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,428,732. Market capitalisation for LON:ASHM is £3,472,473,284 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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