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Ashmore Group plc 7.8% Potential Upside Indicated by Numis

Ashmore Group plc with EPIC/TICKER (LON:ASHM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Numis. Ashmore Group plc are listed in the Financials sector within UK Main Market. Numis have set their target price at 380 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 7.8% from the opening price of 352.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 38 points and decreased 40 points respectively. The 1 year high for the share price is 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 382.89 GBX and a 200 Day Moving Average share price is recorded at 391.03. There are currently 707,372,480 shares in issue with the average daily volume traded being 1,978,256. Market capitalisation for LON:ASHM is £2,565,113,411 GBP.