Ashmore Group plc with ticker (LON:ASHM) now has a potential upside of 10.3% according to JP Morgan.
JP Morgan set a target price of 180 GBX for the company, which when compared to the Ashmore Group plc share price of 163 GBX at opening today (27/10/2023) indicates a potential upside of 10.3%. Trading has ranged between 163 (52 week low) and 286 (52 week high) with an average of 770,950 shares exchanging hands daily. The market capitalisation at the time of writing is £1,188,139,225.
Ashmore Group plc is a United Kingdom-based company, which operates as a specialist emerging markets investment manager. The Company provide access to investment grade strategies across the four fixed income investment themes of external debt, local currency, corporate debt and blended debt, and manages portfolios in both mutual fund and segregated account structures. Its other investment themes include equities, alternatives, multi-strategy and overlay/liquidity. Its alternative’s theme covers a diverse range of real assets in private equity, healthcare, infrastructure, special situations, distressed debt and real estate opportunities. It has a control over about 14 investment funds. The Company’s subsidiaries include Ashmore Investments (UK) Limited, Ashmore Investment Management Limited, Ashmore Investment Advisors Limited, Ashmore Investment Management (US) Corporation, Ashmore Investment Advisors (US) Corporation and Ashmore Investments Saudi Arabia, among others.
Ashmore Group plc 10.3% potential upside indicated by JP Morgan
- Written by: Charlotte Edwards
Latest Company News
Ashmore Group posted FY25 assets under management of US$47.6bn, supported by US$4.1bn positive investment performance and improved net outflows of US$5.8bn. Profit before tax was £108.6m, with a final dividend of 12.1p maintained, taking the full-year payout to 16.9p.
AUM increased by US$1.4 billion to US$47.6 billion at 30 June 2025, driven by positive investment performance of US$2.2 billion offset by net outflows of US$0.8 billion. Equities AuM grew 10 per cent and fixed income AuM rose 2 per cent, while net flows were positive in equities and flat in external debt.
Ashmore Group plc (LON:ASHM) reports a 6% decline in assets under management for Q4 2024, driven by $2.6 billion in negative investment performance.
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.
