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A statement released earlier today by Numis about Ashmore Group PLC (LON:ASHM) keeps the target price at 295.00GBX

Ashmore Group PLC (LON:ASHM) had its target price hold steady to 295.00GBX by Numis in a report released 10/13/2017. The new target price indicates a possible downside of -0.23% based on the company's last stock close price.

Previously on 9/25/2017, Numis reported about Ashmore Group PLC (LON:ASHM) lowered the target price from 310.00GBX to 295.00GBX. At the time, this indicated a possible downside of -0.13%.

Yesterday Ashmore Group PLC (LON:ASHM) traded 9.26% higher at 383.85GBX. The company’s 50-day moving average is 349.01GBX and its 200-day moving average is 353.07GBX. The last stock close price is up 9.30% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 634,773 shares of the stock were exchanged, down from an average trading volume of 955,198

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Ashmore Group PLC (LON:ASHM)

Ashmore Group PLC has a 52 week low of 269.00GBX and a 52 week high of 392.20GBX with a P/E ratio of 16.28 The company’s market cap is currently 0 GBX.

Also covering Ashmore Group PLC's target, a total of 16 firms have reported on the stock. The consensus target price is 274.00GBX with one analyst rating the company a strong buy, zero analysts rating the stock a buy, 9 brokerages rating the stock a hold, 7 brokerages rating the company a underperform, and lastly zero brokerages rating the stock a sell.

General Information About Ashmore Group PLC (LON:ASHM)

Ashmore Group plc is a United Kingdom-based company, which operates as a specialist emerging markets asset manager. The Company offers a range of investment themes, such as external debt, local currency, corporate debt, blended debt, equities, alternatives, multi-strategy and overlay/liquidity. Its geographical segments include United Kingdom, United States and Others. The external debt theme invests in debt instruments issued by sovereigns (governments) and quasi-sovereigns (government-sponsored). The local currency theme invests in local currency-denominated instruments issued by sovereign, quasi-sovereign and corporate issuers. The corporate debt theme invests in debt instruments issued by public and private sector companies. The Company's products are available in a range of fund structures, covering the liquidity spectrum from daily-dealing pooled funds through to multi-year locked-up partnerships.

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