# Ashmore Group plc -2.9% potential downside indicated by JP Morgan

- Link: https://www.directorstalkinterviews.com/ashmore-group-plc-2.9-potential-downside-indicated-by-jp-morgan/4121129435
- Published: 2023-10-12T12:33:05+01:00
- Author: Charlotte Edwards

**Ashmore Group plc** with ticker (LON:ASHM) now has a potential downside of -2.9%
according to [JP Morgan](https://www.directorstalkinterviews.com/company/news/funds).

JP Morgan set a target price of 180 GBX for the company, which when compared to 
the Ashmore Group plc share price of 185 GBX at opening today (12/10/2023) indicates
a potential downside of -2.9%. Trading has ranged between 178 (52 week low) and 
286 (52 week high) with an average of 691,451 shares exchanging hands daily. The
market capitalisation at the time of writing is £1,342,090,571.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.

Share on: