A number of other equities research analysts have also weighed in on ASC. HSBC Holdings plc reissued a hold rating and set a GBX 6,250 ($84.27) target price on shares of ASOS plc in a report on Wednesday, June 7th. Goldman Sachs Group, Inc. (The) reissued a neutral rating and set a GBX 5,800 ($78.20) target price on shares of ASOS plc in a report on Tuesday, June 20th. Deutsche Bank AG boosted their target price on shares of ASOS plc from GBX 5,200 ($70.11) to GBX 6,000 ($80.90) and gave the stock a hold rating in a report on Friday, June 30th. Shore Capital reissued a buy rating on shares of ASOS plc in a report on Thursday, July 6th. Finally, Berenberg Bank upped their price objective on shares of ASOS plc from GBX 6,500 ($87.64) to GBX 6,800 ($91.68) and gave the company a buy rating in a research note on Monday, July 10th. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of GBX 6,210 ($83.73).
ASOS plc (LON:ASC) opened at 5801.00 on Friday. ASOS plc has a one year low of GBX 4,069.00 and a one year high of GBX 6,497.00. The company has a 50-day moving average of GBX 5,810.24 and a 200 day moving average of GBX 5,868.70. The firm’s market capitalization is GBX 4.81 billion.
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About ASOS plc
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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