ASOS plc’s (LON:ASC) Hold Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG reaffirmed their hold rating on shares of ASOS plc (LON:ASC) in a research report sent to investors on Friday morning. They currently have a GBX 6,000 ($78.35) price objective on the stock.

Several other analysts have also recently commented on the stock. Beaufort Securities reiterated a buy rating on shares of ASOS plc in a research report on Friday. Barclays PLC reiterated an overweight rating and set a GBX 6,670 ($87.10) target price on shares of ASOS plc in a research report on Friday. Peel Hunt reiterated a buy rating and set a GBX 7,000 ($91.41) target price on shares of ASOS plc in a research report on Thursday, July 13th. Numis Securities Ltd reiterated a buy rating and set a GBX 7,250 ($94.67) target price on shares of ASOS plc in a research report on Thursday, July 13th. Finally, Liberum Capital reiterated a buy rating and set a GBX 6,400 ($83.57) target price on shares of ASOS plc in a research report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the stock. ASOS plc has an average rating of Buy and an average target price of GBX 6,192.35 ($80.86).

Shares of ASOS plc (LON ASC) traded down 0.88% during trading on Friday, hitting GBX 5638.00. The company had a trading volume of 299,108 shares. ASOS plc has a 12-month low of GBX 4,069.00 and a 12-month high of GBX 6,497.00. The stock’s market cap is GBX 4.68 billion. The firm has a 50 day moving average of GBX 6,125.25 and a 200 day moving average of GBX 5,615.54.

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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.

Analyst Recommendations for ASOS plc (LON:ASC)

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