ASOS plc’s (ASC) Buy Rating Reaffirmed at Liberum Capital
Several other analysts also recently weighed in on ASC. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 5,400 ($67.47) price objective on shares of ASOS plc in a research report on Wednesday, October 19th. BNP Paribas reiterated an outperform rating and issued a GBX 5,200 ($64.97) price objective on shares of ASOS plc in a research report on Friday, August 26th. Investec lifted their price objective on shares of ASOS plc from GBX 4,500 ($56.22) to GBX 5,000 ($62.47) and gave the company a hold rating in a research report on Friday, October 21st. HSBC lifted their price objective on shares of ASOS plc from GBX 4,950 ($61.84) to GBX 5,290 ($66.09) and gave the company a hold rating in a research report on Tuesday, October 18th. Finally, Credit Suisse Group AG began coverage on shares of ASOS plc in a research report on Friday, October 21st. They issued a neutral rating and a GBX 5,100 ($63.72) price objective on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. ASOS plc currently has a consensus rating of Hold and an average target price of GBX 4,876.32 ($60.92).
Shares of ASOS plc (LON:ASC) opened at 4884.00 on Thursday. The stock’s market cap is GBX 4.06 billion. The firm has a 50 day moving average of GBX 5,090.14 and a 200 day moving average of GBX 4,406.40. ASOS plc has a one year low of GBX 2,557.00 and a one year high of GBX 5,474.00.
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.
Receive News & Stock Ratings for ASOS plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASOS plc and related stocks with our FREE daily email newsletter.