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Stock analysts at Liberum Capital assumed coverage on shares of Ashmore Group plc (LON:ASHM) in a report issued on Thursday. The firm set a “sell” rating and a GBX 303 ($5.08) price target on the stock. Liberum Capital’s price objective would suggest a potential downside of 14.84% from the stock’s previous close.

Shares of Ashmore Group plc (LON:ASHM) traded down 0.14% on Thursday, hitting GBX 355.30. The stock had a trading volume of 409,197 shares. Ashmore Group plc has a one year low of GBX 294.90 and a one year high of GBX 424.50. The stock’s 50-day moving average is GBX 350.1 and its 200-day moving average is GBX 353.0. The company’s market cap is £2.413 billion.

Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “underperform” rating on shares of Ashmore Group plc in a research note on Wednesday, May 28th. They now have a GBX 310 ($5.20) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Ashmore Group plc in a research note on Thursday, May 22nd. They now have a GBX 360 ($6.04) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Ashmore Group plc in a research note on Tuesday, May 20th. They now have a GBX 360 ($6.04) price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 366.86 ($6.15).

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

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