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Ashmore Group PLC (LON:ASHM) target price lowered to 333.00GBX, reported today by Liberum Capital

Ashmore Group PLC (LON:ASHM) had its target price lowered to 333.00GBX by Liberum Capital in a report released 7/7/2017. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 06/19/2017, Peel Hunt reported about Ashmore Group PLC (LON:ASHM) raised the target price from 330.00GBX to 400.00GBX. At the time, this indicated a possible upside of 0.12%.

Yesterday Ashmore Group PLC (LON:ASHM) traded -1.12% lower at 334.50GBX. The company’s 50-day moving average is 353.61GBX and its 200-day moving average is 350.65GBX. The last stock close price is down 0.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 591,283 shares of the stock traded hands, down from an average trading volume of 940,753

Recent Performance Chart

Ashmore Group PLC (LON:ASHM)

Ashmore Group PLC has 52 week low of 269.00GBX and a 52 week high of 379.70GBX with a PE ratio of 13.88 and has a market capitalization of 0 GBX.

In addition to Liberum Capital reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is 274.00GBX with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 7 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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