ASOS plc (ASC) Earns Hold Rating from Deutsche Bank AG
Several other analysts have also recently weighed in on the stock. Credit Suisse Group reaffirmed an underperform rating and issued a GBX 5,300 ($68.45) target price on shares of ASOS plc in a report on Friday, September 1st. Numis Securities Ltd reaffirmed a buy rating and issued a GBX 7,250 ($93.63) target price on shares of ASOS plc in a report on Wednesday, August 9th. Shore Capital reaffirmed a buy rating on shares of ASOS plc in a report on Tuesday, August 8th. Liberum Capital reaffirmed a buy rating and issued a GBX 6,400 ($82.66) target price on shares of ASOS plc in a report on Tuesday, August 8th. Finally, Barclays PLC reaffirmed an overweight rating and issued a GBX 6,670 ($86.14) target price on shares of ASOS plc in a report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. ASOS plc currently has an average rating of Buy and an average price target of GBX 6,192.35 ($79.97).
ASOS plc (LON ASC) opened at 5645.00 on Friday. The company’s 50 day moving average is GBX 5,827.78 and its 200 day moving average is GBX 5,848.91. ASOS plc has a 1-year low of GBX 4,069.00 and a 1-year high of GBX 6,497.00. The company’s market cap is GBX 4.68 billion.
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About ASOS plc
Asos PLC is a global fashion destination for a range of things. The Company sells and offers a range of fashion-related content on ASOS.com. The Company’s segments include UK, US, EU and RoW. It sells over 85,000 branded and own-label products through localized mobile and Web experiences, delivering from its fulfilment centers in the United Kingdom, the United States, Europe and across the world.
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