Deutsche Bank Aktiengesellschaft Issues Positive Forecast for ASOS (LON:ASC) Stock Price

ASOS (LON:ASC) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 450 to GBX 490 in a report issued on Friday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft‘s price objective indicates a potential upside of 19.51% from the stock’s current price.

A number of other research firms have also weighed in on ASC. Royal Bank Of Canada raised their price objective on shares of ASOS from GBX 275 to GBX 400 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 750 target price on shares of ASOS in a research note on Thursday. Finally, Shore Capital Group reiterated a “buy” rating and issued a GBX 520 target price on shares of ASOS in a research note on Thursday. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 453.57.

ASOS Price Performance

ASC opened at GBX 410 on Friday. The stock has a 50-day moving average price of GBX 443.19 and a 200-day moving average price of GBX 326.91. The company has a debt-to-equity ratio of 855.63, a current ratio of 0.95 and a quick ratio of 0.39. The firm has a market cap of £490.56 million, a PE ratio of -2.12, a P/E/G ratio of -1.26 and a beta of 2.32. ASOS has a 1 year low of GBX 206.50 and a 1 year high of GBX 517.

ASOS (LON:ASC) last announced its quarterly earnings results on Thursday, November 5th. The company reported GBX 41.60 earnings per share (EPS) for the quarter. The company had revenue of GBX 224.56 billion for the quarter. ASOS had a negative net margin of 10.10% and a negative return on equity of 155.17%. Sell-side analysts predict that ASOS will post 12.42 earnings per share for the current fiscal year.

More ASOS News

Here are the key news stories impacting ASOS this week:

• Positive Sentiment: ASOS reported FY2026 EBITDA of £170.3 million, up 29%, and a swing to annual pre-tax profit. It also returned to quarterly sales growth, with improving demand supporting margin recovery. ASOS Returns to Quarterly Sales Growth as FY2026 EBITDA Rises 29% to £170.3 Million
• Positive Sentiment: Shore Capital and Berenberg reaffirmed their “buy” ratings, with price targets of GBX 520 and GBX 750, respectively. These recommendations signal continued analyst confidence in the recovery potential. Shore Capital rating Berenberg rating
• Neutral Sentiment: The company provided FY2027 guidance, but the available reports do not specify its details, making it difficult to assess how the outlook compares with expectations. ASOS Swings To Annual Pre-tax Profit, Provides FY27 Guidance
• Negative Sentiment: A cyberattack disrupted trading and weighed on performance. The disruption may temper confidence in the recovery despite the improvement in sales and profitability. ASOS returns to growth as annual losses narrow and cyberattack disruption weighs on trading

About ASOS

ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.