Ashmore stock slips as Morgan Stanley cuts price target again
Published on 09/16/2026 at 14:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ashmore Group plc stock (ISIN GB00B132NW22) last closed at GBP 1.75 on the London Stock Exchange on September 14, 2026, marking a 1.2% gain on the day but remaining well below recent analyst target levels.
Morgan Stanley trims Ashmore price target
According to Ad-hoc-news on September 15, 2026, Morgan Stanley reaffirmed its underweight rating on Ashmore while cutting the 12-month price target from GBX 201 to GBX 192 for the London-listed asset manager.
The new GBX 192 target represents a 4.5% reduction from the previous GBX 201 level and implies roughly a 9.7% upside from the GBP 1.75 closing price recorded on September 14, 2026, underscoring that the bank expects only modest share-price appreciation compared with other asset managers.
Share price and trading range
Per price data for the London Stock Exchange summarized by Ad-hoc-news, Ashmore stock traded between an intraday low of GBP 1.72 and a high of GBP 1.77 on September 14, 2026 before closing at GBP 1.75, reflecting a 1.2% increase versus the prior session.
As of the September 14, 2026 close, the shares remain clearly below Morgan Stanley's reduced GBX 192 price target and far under historical highs, indicating that investor sentiment toward emerging-market debt exposure has yet to fully recover despite improving assets under management.
Recent fundamentals and AUM growth
The same analyst commentary notes that Ashmore reported a 13% increase in assets under management in fiscal year 2026, providing a positive backdrop for fee income even as structurally higher global interest rates pressure valuations in key emerging markets.
That 13% AUM growth for fiscal year 2026 compares with a weaker prior period and suggests that net inflows and market performance together are beginning to rebuild the franchise after earlier outflows, although the unchanged underweight rating signals that Morgan Stanley still sees better risk-reward elsewhere in the sector.
Stock level for investors
At the last completed trading day on September 14, 2026, Ashmore stock closed at GBP 1.75 on the London Stock Exchange as its primary listing, leaving the shares trading at a noticeable discount to the GBX 192 price target set by Morgan Stanley and highlighting the cautious stance of major analysts toward the name.
Ashmore stock - key data
- Company: Ashmore Group plc
- ISIN: GB00B132NW22
- Ticker: ASHM
- Trading venue: London Stock Exchange
- Price (as of September 14, 2026): 1.75 GBP
- Sector / Industry: Financials / Asset Management
- Index membership: FTSE 250
