Peel Hunt Reaffirms Buy Rating for ASOS plc (ASC)
ASC has been the subject of a number of other research reports. Berenberg Bank boosted their price objective on ASOS plc from GBX 6,500 ($84.88) to GBX 6,800 ($88.80) and gave the company a buy rating in a report on Monday, July 10th. Deutsche Bank AG boosted their price objective on ASOS plc from GBX 5,200 ($67.90) to GBX 6,000 ($78.35) and gave the company a hold rating in a report on Friday, June 30th. Shore Capital restated a buy rating on shares of ASOS plc in a report on Thursday, July 13th. Macquarie boosted their price objective on ASOS plc from GBX 6,300 ($82.27) to GBX 7,000 ($91.41) and gave the company an outperform rating in a report on Wednesday, April 5th. Finally, Liberum Capital boosted their price objective on ASOS plc from GBX 5,900 ($77.04) to GBX 6,400 ($83.57) and gave the company a buy rating in a report on Wednesday, April 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 6,192.35 ($80.86).
Shares of ASOS plc (ASC) opened at 5620.00 on Thursday. The stock’s market cap is GBX 4.66 billion. The company has a 50-day moving average price of GBX 6,125.25 and a 200-day moving average price of GBX 5,615.54. ASOS plc has a 52 week low of GBX 4,069.00 and a 52 week high of GBX 6,497.00.
ASOS plc Company Profile
Asos PLC is a global fashion destination for a range of things. The Company sells and offers a range of fashion-related content on ASOS.com. The Company’s segments include UK, US, EU and RoW. It sells over 85,000 branded and own-label products through localized mobile and Web experiences, delivering from its fulfilment centers in the United Kingdom, the United States, Europe and across the world.
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