Ashmore Group plc 5.1% Potential Upside Indicated by Berenberg

Broker Ratings
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Ashmore Group plc with EPIC/TICKER (LON:ASHM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Ashmore Group plc are listed in the Financials sector within UK Main Market. Berenberg have set their target price at 440 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.1% from today’s opening price of 418.6 GBX. Over the last 30 and 90 trading days the company share price has increased 19.2 points and increased 39.6 points respectively. The 1 year high for the stock price is 430.6 GBX while the 52 week low is 334.6 GBX.

Ashmore Group plc has a 50 day moving average of 392.98 GBX and a 200 Day Moving Average share price is recorded at 371.52. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,108,265. Market capitalisation for LON:ASHM is £2,983,533,049 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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