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Ashmore Group PLC (LON:ASHM) target price raised to 300.00GBX, reported today by JP Morgan Cazenove

In a report announced on 9/13/2016 JP Morgan Cazenove increased the target price of Ashmore Group PLC (LON:ASHM) from 250GBX to 300GBX indicating a possible upside of 0.00%.

Previously on Wednesday September 7 2016, JP Morgan Cazenove reported on Ashmore Group PLC(LON:ASHM) bumped the target price at 250.00GBX that indicated a possible upside of 0.00%.

Yesterday Ashmore Group PLC (LON:ASHM) traded 2.81% lower at 0.00GBX. Ashmore Group PLC’s 50-day moving average is 352.86GBX and its 200-day moving average is 308.21GBX. With the last stock price close down 11.09% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. 6,082,607 shares of ASHM traded, up from ann avg. trading volume of 1,246,050.

Recent Performance Graph:

Ashmore Group PLC (LON:ASHM)

Ashmore Group PLC has a one-year low of 193.50GBX and a 52 week high of 371.20GBX with a PE ratio of 19. Ashmore Group PLC’s total market value is currently 0.0 GBX.

In addition to JP Morgan Cazenove reporting it’s price target, a total of 16 brokers have reported on the company. The one year target price is 274.00GBX with one firm rating the stock a strong buy, 0 rating the stock a buy, nine analyts rating the stock a hold, seven firms rating the company to underperform, and lastly 0 analystsrating the company as sell.

About Ashmore Group PLC (LON:ASHM)

Ashmore Group plc is a United Kingdom-based company, which operates as a markets asset manager. The Company invests client funds in a range of investment themes, such as external debt, local currency, corporate debt, blended debt, equities, alternatives, multi-strategy and overlay/liquidity. It offers a range of investment opportunities in over 70 countries. Its geographical segments include United Kingdom, United States and other. For external debt theme, it invests in debt instruments issued by sovereigns (governments) and quasi-sovereigns (government-sponsored). For local currency theme, it invests in local currency-denominated instruments issued by sovereign, quasi-sovereign and corporate issuers, as well as local currencies. For corporate debt theme, it invests in debt instruments issued by public and private sector corporate issuers. For multi-strategy theme, and it allocates assets dynamically across various investment themes.

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