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Ashmore Group (ASHM) Stock Forecast & Price Target

GBX 198.55
-1.45 (-0.72%)
(As of 03:32 AM ET)

Ashmore Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 4 Analyst Ratings

Consensus Price Target

GBX 183.50
High ForecastGBX 230
Average ForecastGBX 183.50
Low ForecastGBX 150
TypeCurrent Forecast
5/22/23 to 5/21/24
1 Month Ago
4/22/23 to 4/21/24
3 Months Ago
2/21/23 to 2/21/24
1 Year Ago
5/22/22 to 5/22/23
Consensus Rating
Reduce
Reduce
Reduce
Sell
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price TargetGBX 183.50GBX 183.50GBX 182.50GBX 213.33
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ASHM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ASHM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ashmore Group Stock vs. The Competition

TypeAshmore GroupFinancial Services Companies
Consensus Rating Score
1.50
2.47
Consensus RatingReduceHold
News Sentiment RatingPositive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/5/2024JPMorgan Chase & Co.
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 Reiterated RatingUnderweightGBX 184-2.90%
11/2/2023Canaccord Genuity Group
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 UpgradeHoldGBX 234 ➝ GBX 150-10.45%
9/11/2023Citigroup
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 Reiterated RatingSellGBX 170-10.62%
9/7/2023Barclays
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 Lower TargetEqual WeightGBX 260 ➝ GBX 230+19.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:08 AM ET.

ASHM Frequently Asked Questions

What is Ashmore Group's stock forecast and purchase recommendation?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Ashmore Group is GBX 183.50, with a high forecast of GBX 230 and a low forecast of GBX 150. The consensus rating for Ashmore Group stock is Reduce based on the current 2 sell ratings and 2 hold ratings for ASHM. Learn more on ASHM's analyst rating history.

Do Wall Street analysts like Ashmore Group more than its competitors?

Analysts like Ashmore Group less than other "financial services" companies. The consensus rating for Ashmore Group is Reduce while the average consensus rating for "financial services" companies is Hold. Learn more on how ASHM compares to other companies.

Does Ashmore Group's stock price have much downside?

According to analysts, Ashmore Group's stock has a predicted downside of -0.84% based on their 12-month stock forecasts.

What analysts cover Ashmore Group?

Ashmore Group has been rated by research analysts at JPMorgan Chase & Co. in the past 90 days.


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This page (LON:ASHM) was last updated on 5/21/2024 by MarketBeat.com Staff

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