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.
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