ASOS plc (ASC) Price Target Raised to GBX 6,000 at JPMorgan Chase & Co.

ASOS plc (LON:ASC) had its price target lifted by JPMorgan Chase & Co. from GBX 5,400 ($69.70) to GBX 6,000 ($77.45) in a report published on Wednesday, April 19th. JPMorgan Chase & Co. currently has an overweight rating on the stock.

ASC has been the subject of several other research reports. HSBC Holdings plc reissued a hold rating and set a GBX 5,290 ($68.28) price target on shares of ASOS plc in a research report on Tuesday, January 3rd. Goldman Sachs Group Inc reiterated a buy rating and issued a GBX 5,800 ($74.87) target price on shares of ASOS plc in a report on Monday, March 20th. Numis Securities Ltd reiterated a buy rating and issued a GBX 6,500 ($83.90) price target on shares of ASOS plc in a research note on Thursday, January 12th. Shore Capital reissued a buy rating on shares of ASOS plc in a report on Tuesday, April 4th. Finally, Barclays PLC started coverage on ASOS plc in a research report on Friday, March 10th. They issued an overweight rating and a GBX 6,630 ($85.58) target price for the company. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 5,862.94 ($75.68).

Shares of ASOS plc (LON:ASC) traded up 0.31% during mid-day trading on Wednesday, reaching GBX 6150.00. The company had a trading volume of 574,665 shares. The stock’s 50-day moving average price is GBX 5,847.03 and its 200 day moving average price is GBX 5,378.47. The company’s market capitalization is GBX 5.10 billion. ASOS plc has a 1-year low of GBX 3,303.00 and a 1-year high of GBX 6,197.00.

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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.

12 Month Chart for LON:ASC

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