Ashmore Group (ASHM) Stock Forecast & Price Target

GBX 212.61

+5.21 (+2.51%)

(As of 10:05 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 3 Analyst Ratings

Sell
1

Hold
2

Buy
0

Based on 3 Wall Street analysts who have issued ratings for Ashmore Group in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 3 analysts, 1 has given a sell rating, and 2 have given a hold rating for ASHM.

Consensus Price Target

GBX 166

According to the 3 analysts' twelve-month price targets for Ashmore Group, the average price target is GBX 166. The highest price target for ASHM is GBX 197, while the lowest price target for ASHM is GBX 150. The average price target represents a forecasted downside of -20.88% from the current price of GBX 212.61.

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ASHM Analyst Ratings Over Time

Type	Current Forecast 10/16/23 to 10/15/24	1 Month Ago 9/16/23 to 9/15/24	3 Months Ago 7/18/23 to 7/17/24	1 Year Ago 10/16/22 to 10/16/23
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	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	GBX 166	GBX 166	GBX 183.50	GBX 193.33
Consensus Rating	Reduce	Reduce	Reduce	Sell

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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.

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.

Ashmore Group Stock vs. The Competition

Type	Ashmore Group	Financial Services Companies
Consensus Rating Score	1.67	2.63
Consensus Rating	Reduce	Moderate Buy
News Sentiment Rating	Neutral News See Recent ASHM News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/11/2024	JPMorgan Chase & Co. 3 of 5 stars	Lower Target	Underweight	GBX 155 ➝ GBX 151	-16.25%
7/18/2024	Morgan Stanley 3 of 5 stars	Lower Target	Equal Weight	GBX 207 ➝ GBX 197	+10.30%
11/2/2023	Canaccord Genuity Group 4 of 5 stars	Upgrade	Hold	GBX 234 ➝ GBX 150	-10.45%
9/11/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sell	GBX 170	-10.62%
9/7/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	GBX 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 10:29 AM ET.

ASHM Forecast - Frequently Asked Questions

: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Ashmore Group is GBX 166, with a high forecast of GBX 197 and a low forecast of GBX 150.
: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashmore Group in the last year. There is currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" ASHM shares.
: According to analysts, Ashmore Group's stock has a predicted downside of -21.92% based on their 12-month stock forecasts.
: Ashmore Group has been rated by research analysts at JPMorgan Chase & Co., and Morgan Stanley in the past 90 days.
: 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 Moderate Buy. Learn more on how ASHM compares to other companies.

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This page (LON:ASHM) was last updated on 10/15/2024 by MarketBeat.com Staff

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