Macquarie started coverage on shares of Asos Plc (OTC:ASOMF) in a research note issued to investors on Tuesday morning, StockTargetPrices.com reports. The firm issued an outperform rating on the stock.

A number of other research analysts have also recently issued reports on the stock. Goldman Sachs Group Inc. cut shares of Asos Plc from a buy rating to a neutral rating in a report on Thursday, July 14th. HSBC lowered shares of Asos Plc from a buy rating to a hold rating in a research report on Wednesday, July 13th.

Asos Plc (OTC:ASOMF) opened at 55.38 on Tuesday. The firm’s 50 day moving average is $55.38 and its 200-day moving average is $48.69. The firm has a market cap of $4.59 billion and a price-to-earnings ratio of 92.30. Asos Plc has a 12 month low of $38.25 and a 12 month high of $55.38.

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