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Ashmore Group plc 2.2% Potential Decrease Indicated by JP Morgan Cazenove

Ashmore Group plc with EPIC/TICKER (LON:ASHM) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ 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 their target price at 450 GBX on its stock. This now indicates the analyst believes there is a potential downside of -2.2% from the opening price of 460 GBX. Over the last 30 and 90 trading days the company share price has increased 5.6 points and decreased 72 points respectively. The 52 week high share price is 545.5 GBX while the year low share price is currently 337.8 GBX.

Ashmore Group plc has a 50 day moving average of 488.78 GBX and a 200 day moving average of 461.96. There are currently 712,740,804 shares in issue with the average daily volume traded being 2,414,730. Market capitalisation for LON:ASHM is £3,284,309,537 GBP.