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Ashmore Group PLC (LON:ASHM) stock price target held steady at 400.00GBX, issued a research note today by Peel Hunt

Yesterday Ashmore Group PLC (LON:ASHM) traded 9.26% higher at 0.00GBX. The company’s 50-day moving average is 349.01GBX and its 200-day moving average is 353.07GBX. The last closing price is down 9.30% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 634,773 shares of the stock traded hands, down from an average trading volume of 955,198

In a report released on 10/13/2017 Peel Hunt hold steady the stock price target of Ashmore Group PLC (LON:ASHM) from 400.00GBX to 400.00GBX indicating a possible upside of 0%.

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

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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.

A total of 16 equity analysts have released a ratings update on ASHM. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, nine equity analysts rating the company a hold, seven equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 274.00GBX.

Brief Synopsis 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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