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Ashmore Group plc (LON:ASHM)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Friday, ARN reports. They currently have a GBX 335 ($5.64) price objective on the stock. Numis Securities Ltd’s target price suggests a potential downside of 4.67% from the company’s current price.

ASHM has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Ashmore Group plc in a research note on Monday. They now have a GBX 400 ($6.74) price target on the stock. Separately, analysts at Goldman Sachs reiterated a “buy” rating on shares of Ashmore Group plc in a research note on Monday. They now have a GBX 415 ($6.99) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of Ashmore Group plc in a research note on Monday, April 28th. They now have a GBX 415 ($6.99) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 369.05 ($6.22).

Shares of Ashmore Group plc (LON:ASHM) traded down 0.74% during mid-day trading on Friday, hitting GBX 348.80. 373,469 shares of the company’s stock traded hands. Ashmore Group plc has a 52-week low of GBX 294.90 and a 52-week high of GBX 436.00. The stock’s 50-day moving average is GBX 345.6 and its 200-day moving average is GBX 357.7. The company’s market cap is £2.369 billion.

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

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