Home » Reports » Ashmore Group plc 16.1% Potential Decrease Indicated by JP Morgan Cazenove

Ashmore Group plc 16.1% Potential Decrease Indicated by JP Morgan Cazenove

Ashmore Group plc with EPIC/TICKER (LON:ASHM) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Ashmore Group plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set a target price of 310 GBX on its stock. This indicates the analyst believes there is a potential downside of -16.1% from the opening price of 369.6 GBX. Over the last 30 and 90 trading days the company share price has increased 56 points and decreased 180.4 points respectively. The 1 year high share price is 581.5 GBX while the 52 week low for the stock is 281.8 GBX.

Ashmore Group plc has a 50 day moving average of 385.76 GBX and the 200 Day Moving Average price is recorded at 477.34. There are currently 712,740,804 shares in issue with the average daily volume traded being 2,633,013. Market capitalisation for LON:ASHM is £2,608,631,342 GBP.

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