Shore Capital Reiterates Buy Rating for ASOS plc (ASC)
ASOS plc (LON:ASC)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a research note issued on Wednesday.
Several other research analysts have also recently commented on the stock. Liberum Capital reiterated a “buy” rating and set a GBX 6,400 ($84.14) price target on shares of ASOS plc in a report on Thursday, July 13th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 6,000 ($78.89) price target on shares of ASOS plc in a report on Friday, September 8th. Barclays PLC reiterated an “overweight” rating and set a GBX 6,670 ($87.69) price target on shares of ASOS plc in a report on Tuesday, August 1st. Peel Hunt reiterated a “buy” rating and set a GBX 7,000 ($92.03) price target on shares of ASOS plc in a report on Friday, September 15th. Finally, HSBC Holdings plc reiterated a “hold” rating and set a GBX 6,250 ($82.17) price target on shares of ASOS plc in a report on Friday, July 21st. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. ASOS plc has an average rating of “Buy” and an average target price of GBX 6,338 ($83.33).
Shares of ASOS plc (LON:ASC) opened at 5871.00 on Wednesday. The company’s 50-day moving average is GBX 5,799.14 and its 200-day moving average is GBX 5,887.04. ASOS plc has a 52-week low of GBX 4,574.00 and a 52-week high of GBX 6,497.00. The stock’s market cap is GBX 4.87 billion.
ASOS plc Company Profile
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.
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.