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Ashmore Group 4.6% Potential Upside Indicated by Berenberg

Ashmore Group using EPIC/TICKER code (LON:ASHM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Ashmore Group are listed in the Financials sector within UK Main Market. Berenberg have set their target price at 498 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.6% from today’s opening price of 476.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 11.6 points and decreased 45.8 points respectively. The 1 year high for the stock price is 545.5 GBX while the year low share price is currently 337.8 GBX.

Ashmore Group has a 50 day moving average of 480.78 GBX and the 200 Day Moving Average price is recorded at 467.57. There are currently 712,740,804 shares in issue with the average daily volume traded being 2,185,886. Market capitalisation for LON:ASHM is £3,318,521,226 GBP.