Ashmore Group plc (LON:ASHM) had its price target cut by analysts at Societe Generale from GBX 370 ($4.78) to GBX 365 ($4.71) in a research report issued on Wednesday. The brokerage presently has a “hold” rating on the investment management service provider’s stock. Societe Generale’s price target would suggest a potential upside of 6.57% from the stock’s previous close.

A number of other equities analysts also recently issued reports on ASHM. Numis Securities Ltd reiterated a “hold” rating and set a GBX 320 ($4.13) price target on shares of Ashmore Group plc in a research report on Thursday, September 7th. Macquarie reiterated a “neutral” rating and set a GBX 374 ($4.83) price target on shares of Ashmore Group plc in a research report on Monday. Shore Capital reiterated a “hold” rating on shares of Ashmore Group plc in a research report on Tuesday, August 15th. J P Morgan Chase & Co lowered their price target on Ashmore Group plc from GBX 320 ($4.13) to GBX 310 ($4.00) and set an “underweight” rating on the stock in a research report on Friday, September 8th. Finally, Liberum Capital reduced their target price on Ashmore Group plc from GBX 338 ($4.37) to GBX 333 ($4.30) and set a “hold” rating for the company in a report on Friday, July 7th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 354.75 ($4.58).

Shares of Ashmore Group plc (ASHM) opened at 343.00 on Wednesday. Ashmore Group plc has a 52 week low of GBX 269.00 and a 52 week high of GBX 379.70. The company’s market cap is GBX 2.29 billion. The company’s 50-day moving average price is GBX 358.57 and its 200 day moving average price is GBX 355.08.

TRADEMARK VIOLATION WARNING: This piece was first published by Daily Political and is the property of of Daily Political. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at

Ashmore Group plc Company Profile

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.

Analyst Recommendations for Ashmore Group plc (LON:ASHM)

Receive News & Ratings for Ashmore Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashmore Group plc and related companies with's FREE daily email newsletter.