ASOS Plc (LON: ASC) had its target price raised by Investec from $42.30 (2800 GBX) to $58.91 (3900 GBX) in a report released on Wednesday. Investec currently has a buy rating on the stock.

Shares of ASOS Plc (LON: ASC) opened at 3275.9998 on Wednesday. ASOS Plc has a one year low of GBX 1325.00 and a one year high of GBX 3409.00. The stock’s 50-day moving average is currently GBX 2167.17.

ASC has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald reiterated a hold rating on shares of ASOS Plc in a research note to investors on Wednesday. They now have a $43.81 price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a buy rating on shares of ASOS Plc in a research note to investors on Wednesday. They now have a $45.32 price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a sell rating on shares of ASOS Plc in a research note to investors on Wednesday. They now have a $18.13 price target on the stock.

Two investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $45.25 (2996 GBX).

Asos Plc is that of a holding company. The principal activity of its subsidiary undertakings is that of Internet retailing.

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