Ashmore PLC (ASHM.L) 12-12-19
Will Ashmore PLC (ASHM.L) shares break below the 477p support, or return to highs of 508p (+4%)?
- Currently close to the 477p support at 485p (at time of writing).
- This has been identified for ostensibly strong support level. Traders should consider whether they think it will hold up again.
- Will the price bounce again to recent highs at 508p? (+4%).
- Technical traders should consider potential news and developments. Check our website and the press for updates in future.
- Shares -10% from 12-month highs; +36% from 12 month lows.
Latest News
05 Nov: Jefferies International reiterates its hold rating on Ashmore Group (ASHM) and increased the target price to 520p (from 490p).
28 Oct: Goldman Sachs reiterates its buy rating on Ashmore Group (ASHM) and reduced the target price to 550p (from 560p).
23 Oct: Berenberg reiterates its hold rating on Ashmore Group (ASHM) and reduced the target price to 498p (from 506p).
16 Oct: Tom Shippey, Financial Director, sold 77,215 shares in the firm on the 14th October 2019 at a price of 478.58p. This Director currently has 598,971 shares.
16 Oct: JP Morgan Cazenove reiterates its neutral rating on Ashmore Group (ASHM) and increased the target price to 470p (from 450p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires