ASOS Plc Given New $39.73 Price Target at Nomura (ASC)
Equities research analysts at Nomura raised their price target on shares of ASOS Plc (LON: ASC) from $30.21 (2000 GBX) to $39.73 (2630 GBX) in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock.
A number of other analysts have also recently weighed in on ASC. Analysts at Deutsche Bank raised their price target on shares of ASOS Plc from $39.27 to $45.32 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Citigroup raised their price target on shares of ASOS Plc from $45.32 to $60.42 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Prime Markets cut their price target on shares of ASOS Plc from $51.81 to $51.81 in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company’s stock. ASOS Plc has a consensus rating of “Hold” and an average target price of $45.25 (2996 GBX).
Shares of ASOS Plc (LON: ASC) opened at 3293.9998 on Friday. ASOS Plc has a 52 week low of GBX 1325.00 and a 52 week high of GBX 3409.00. The stock’s 50-day moving average is currently GBX 2167.17.
Asos Plc is that of a holding company. The principal activity of its subsidiary undertakings is that of Internet retailing.
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