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Equities research analysts at JPMorgan Chase & Co. decreased their price target on shares of Ashmore Group (LON:ASHM) from GBX 390 ($6.40) to GBX 386 ($6.33) in a research note issued to investors on Friday, AnalystRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target would suggest a potential downside of 5.37% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Ashmore Group in a research note to investors on Friday, January 3rd. They now have a GBX 410 ($6.72) price target on the stock. Separately, analysts at UniCredit SpA upgraded shares of Ashmore Group to a “buy” rating in a research note to investors on Friday, December 20th. They now have a GBX 430 ($7.05) price target on the stock, up previously from GBX 390 ($6.40). Finally, analysts at UBS AG upgraded shares of Ashmore Group to a “buy” rating in a research note to investors on Friday, December 20th. They now have a GBX 430 ($7.05) price target on the stock, up previously from GBX 390 ($6.40). Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Ashmore Group presently has a consensus rating of “Hold” and a consensus target price of GBX 420.17 ($6.89).

Ashmore Group (LON:ASHM) opened at 407.90 on Friday. Ashmore Group has a 52 week low of GBX 319.30 and a 52 week high of GBX 436.00. The stock has a 50-day moving average of GBX 391.5 and a 200-day moving average of GBX 378.0. The company’s market cap is £2.742 billion.

Ashmore Group plc (LON:ASHM) is engaged in providing investment management services.

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