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Ashmore Group plc 1.1% Potential Upside Indicated by Barclays Capital

Ashmore Group plc with EPIC/TICKER (LON:ASHM) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Ashmore Group plc are listed in the Financials sector within UK Main Market. Barclays Capital have set a target price of 465 GBX on its stock. This would imply the analyst believes there is now a potential upside of 1.1% from today’s opening price of 460 GBX. Over the last 30 and 90 trading days the company share price has increased 49.4 points and increased 80.6 points respectively. The 52 week high share price is 461 GBX while the year low share price is currently 334.6 GBX.

Ashmore Group plc has a 50 day moving average of 423.86 GBX and the 200 Day Moving Average price is recorded at 379.78. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,327,491. Market capitalisation for LON:ASHM is £3,254,374,554 GBP.