Ashmore Group plc 7.1% Potential Upside Indicated by Jefferies International

Broker Ratings
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Ashmore Group plc using EPIC/TICKER code (LON:ASHM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Jefferies International. Ashmore Group plc are listed in the Financials sector within UK Main Market. Jefferies International have set a target price of 520 GBX on its stock. This indicates the analyst now believes there is a potential upside of 7.1% from the opening price of 485.4 GBX. Over the last 30 and 90 trading days the company share price has increased 9.2 points and decreased 23.6 points respectively. The 52 week high share price is 545.5 GBX while the 52 week low for the stock is 337.8 GBX.

Ashmore Group plc has a 50 day moving average of 479.65 GBX and a 200 Day Moving Average share price is recorded at 471.83. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,758,326. Market capitalisation for LON:ASHM is £3,459,643,819 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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