ASOS plc (ASC) Given New GBX 5,000 Price Target at Jefferies Group
ASOS plc (LON:ASC) had its price target increased by Jefferies Group from GBX 3,600 ($46.99) to GBX 5,000 ($65.27) in a research report released on Thursday morning. The firm currently has a hold rating on the stock.
A number of other research analysts have also weighed in on ASC. Barclays PLC restated an overweight rating on shares of ASOS plc in a report on Tuesday, June 7th. Goldman Sachs Group Inc. restated a buy rating and issued a GBX 4,400 ($57.43) target price on shares of ASOS plc in a report on Friday, June 17th. BNP Paribas lifted their price target on ASOS plc from GBX 4,800 ($62.66) to GBX 5,200 ($67.88) and gave the stock an outperform rating in a report on Monday, June 20th. Royal Bank Of Canada reiterated an outperform rating and set a GBX 4,500 ($58.74) price target on shares of ASOS plc in a report on Monday, June 20th. Finally, Societe Generale reiterated a buy rating on shares of ASOS plc in a report on Tuesday, June 28th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company. ASOS plc has a consensus rating of Hold and a consensus price target of GBX 4,635.26 ($60.50).
Shares of ASOS plc (LON:ASC) traded up 0.08% during midday trading on Thursday, hitting GBX 4859.00. The stock had a trading volume of 203,116 shares. ASOS plc has a 52 week low of GBX 2,532.00 and a 52 week high of GBX 4,918.00. The company’s 50 day moving average is GBX 4,679.78 and its 200 day moving average is GBX 3,996.37. The firm’s market cap is GBX 4.03 billion.
About ASOS plc
ASOS Plc is a United Kingdom-based global online fashion destination .The Company sell cutting-edge fast fashion and offers a variety offashion-related content, making ASOS.com the hub of a thriving fashion community. It sell 75,000 branded and own-brand products through localized mobile and web experiences, delivering from United Kingdom(UK) hub to almost every country in the world.
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