Macquarie assumed coverage on shares of ASOS plc (LON:ASC) in a report published on Tuesday. The firm issued an outperform rating and a GBX 5,700 ($74.40) price objective on the stock.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. upped their price objective on ASOS plc from GBX 4,550 ($59.39) to GBX 5,400 ($70.49) and gave the company an overweight rating in a report on Friday, September 16th. Shore Capital reiterated a buy rating on shares of ASOS plc in a report on Friday, September 2nd. Goldman Sachs Group Inc. reiterated a neutral rating and issued a GBX 5,100 ($66.57) price objective on shares of ASOS plc in a report on Friday, August 19th. Royal Bank Of Canada reiterated an outperform rating and issued a GBX 5,000 ($65.27) price objective on shares of ASOS plc in a report on Tuesday, August 30th. Finally, BNP Paribas upped their price objective on ASOS plc from GBX 5,200 ($67.88) to GBX 5,800 ($75.71) and gave the company an outperform rating in a report on Friday, September 9th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 4,561.58 ($59.54).

Shares of ASOS plc (LON:ASC) opened at 4813.00 on Tuesday. ASOS plc has a one year low of GBX 2,524.00 and a one year high of GBX 4,885.00. The stock’s 50 day moving average price is GBX 4,664.05 and its 200 day moving average price is GBX 3,939.69. The firm’s market capitalization is GBX 3.99 billion.

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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