ASOS (ASC) Given Hold Rating at Liberum Capital
Other analysts have also issued reports about the company. Credit Suisse Group boosted their price target on ASOS from GBX 5,300 ($69.25) to GBX 6,000 ($78.40) and gave the company a neutral rating in a report on Monday, October 22nd. Peel Hunt reiterated a buy rating on shares of ASOS in a report on Wednesday, October 17th. Shore Capital reiterated a buy rating on shares of ASOS in a report on Tuesday, October 23rd. JPMorgan Chase & Co. reiterated an overweight rating on shares of ASOS in a report on Thursday, October 18th. Finally, Royal Bank of Canada reiterated a top pick rating on shares of ASOS in a report on Monday, October 15th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of GBX 5,195.74 ($67.89).
Shares of ASOS stock opened at GBX 3,135.60 ($40.97) on Monday. ASOS has a one year low of GBX 58.29 ($0.76) and a one year high of GBX 7,770 ($101.53).
ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, and Russia. The company offers womenswear, menswear, and sportswear products. It sells approximately 85,000 branded and ASOS brand products primarily through its Website, asos.com, as well as through social media platforms and magazines.
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