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Ashmore Group plc 11.9% Potential Upside Indicated by Berenberg

Ashmore Group plc using EPIC/TICKER code (LON:ASHM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Ashmore Group plc are listed in the Financials sector within UK Main Market. Berenberg have set their target price at 468 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.9% from today’s opening price of 418.4 GBX. Over the last 30 and 90 trading days the company share price has increased 48 points and decreased 3.8 points respectively. The 52 week high for the share price is currently at 447.2 GBX while the 52 week low for the share price is 318.9 GBX.

Ashmore Group plc has a 50 day moving average of 398.22 GBX and a 200 Day Moving Average share price is recorded at 384.01. There are currently 712,811,148 shares in issue with the average daily volume traded being 1,912,115. Market capitalisation for LON:ASHM is £2,976,699,398 GBP.