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Societe Generale disclosed Ashmore Group PLC (LON:ASHM), scaling down its target to 365.00GBX earlier today

Societe Generale reduced the stock price target of Ashmore Group PLC (LON:ASHM) to 365.00GBX indicating a possible upside of 0%.

On 9/11/2017, Macquarie released a statement about Ashmore Group PLC (LON:ASHM) maintained the target price at 374.00GBX that suggested an upside of 0.1%.

Boasting a price of 0.00GBX, Ashmore Group PLC (LON:ASHM) traded -0.18% lower on the day. With the last close down -4.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. Ashmore Group PLC has recorded a 50-day average of 359.38GBX and a two hundred day average of 355.28GBX. Volume of trade was down over the average, with 82,766 shares of ASHM changing hands under the typical 969,718

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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 379.70GBX with a P/E ratio of 13.31 The company’s market cap is currently 0 GBX.

In addition to Societe Generale reporting its stock price target, a total of 16 brokerages have released a research note on ASHM. The one year target is 274.00GBX with one firm rating the stock a strong buy, 0 firms rating the stock a buy, 9 firms rating the stock a hold, 7 brokers rating the stock a underperform, and finally 0 brokers 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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