ASOS plc’s (LON:ASC) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of ASOS plc (LON:ASC) in a research report released on Friday, September 15th. The firm currently has a GBX 7,000 ($94.38) price objective on the stock.

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.

Analyst Recommendations for ASOS plc (LON:ASC)

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