ASOS plc (LON:ASC) had its price objective lifted by equities researchers at Deutsche Bank AG from GBX 4,400 ($53.63) to GBX 4,750 ($57.89) in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Deutsche Bank AG’s target price suggests a potential downside of 2.28% from the stock’s previous close.

ASC has been the subject of a number of other reports. JPMorgan Chase & Co. boosted their price target on ASOS plc from GBX 4,550 ($55.45) to GBX 5,400 ($65.81) and gave the stock an “overweight” rating in a report on Friday, September 16th. Jefferies Group lifted their price objective on ASOS plc from GBX 3,600 ($43.88) to GBX 5,000 ($60.94) and gave the company a “hold” rating in a research report on Thursday, September 29th. Shore Capital reaffirmed a “buy” rating on shares of ASOS plc in a research report on Friday, September 2nd. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and issued a GBX 5,100 ($62.16) price objective on shares of ASOS plc in a research report on Friday, August 19th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 5,000 ($60.94) price objective on shares of ASOS plc in a research report on Tuesday, August 30th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. ASOS plc has an average rating of “Hold” and an average target price of GBX 4,666.84 ($56.88).

Analyst Recommendations for ASOS plc (LON:ASC)

Shares of ASOS plc (LON:ASC) opened at 4977.385 on Wednesday. The firm’s market cap is GBX 4.13 billion. ASOS plc has a 52-week low of GBX 2,557.00 and a 52-week high of GBX 5,474.00. The firm has a 50-day moving average price of GBX 4,819.47 and a 200-day moving average price of GBX 4,177.60.

ASOS plc Company Profile

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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