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Peel Hunt announced Ashmore Group PLC (LON:ASHM), bumping up its stock price target to 400.00GBX today

Just yesterday Ashmore Group PLC (LON:ASHM) traded -0.71% lower at 357.75GBX. Ashmore Group PLC’s 50-day moving average is 357.94GBX and its 200-day moving average is 354.75GBX. The last stock price is up -2.04% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 629,113 shares of ASHM traded hands, down from an average trading volume of 951,583

In a report released on 06/19/2017 Peel Hunt increased the stock price target of Ashmore Group PLC (LON:ASHM) from 330.00GBX to 400.00GBX reporting a possible upside of 0.12%.

Previously on 6/15/2017, Berenberg released a statement about Ashmore Group PLC (LON:ASHM) increased the target price from 0.00GBX to 400.00GBX. At the time, this indicated a possible upside of 0.13%.

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 14.66 and has a market capitalization of 0 GBX.

In addition to Peel Hunt reporting its stock price target, a total of 16 brokerages have issued a research note 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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