Asos Plc (ASOMF) Earns Neutral Rating from Analysts at Credit Suisse Group AG
Equities researchers at Credit Suisse Group AG began coverage on shares of Asos Plc (OTCMKTS:ASOMF) in a research report issued to clients and investors on Friday. The brokerage set a “neutral” rating on the stock.
Several other equities analysts have also recently weighed in on ASOMF. Beaufort Securities restated a “hold” rating on shares of Asos Plc in a report on Friday, July 15th. Goldman Sachs Group Inc. cut Asos Plc from a “buy” rating to a “neutral” rating in a report on Thursday, July 14th. RBC Capital Markets restated an “outperform” rating on shares of Asos Plc in a report on Monday, August 1st. Macquarie initiated coverage on Asos Plc in a report on Tuesday. They set an “outperform” rating for the company. Finally, Barclays PLC restated an “overweight” rating on shares of Asos Plc in a report on Tuesday, June 7th. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy”.
Shares of Asos Plc (OTCMKTS:ASOMF) remained flat at $55.38 on Friday. The firm has a market capitalization of $4.59 billion and a price-to-earnings ratio of 92.76. Asos Plc has a 52 week low of $38.25 and a 52 week high of $55.38. The firm has a 50 day moving average of $55.38 and a 200-day moving average of $48.69.
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