ASOS plc’s (ASC) “Overweight” Rating Reiterated at Barclays PLC

ASOS plc (LON:ASC)‘s stock had its “overweight” rating restated by analysts at Barclays PLC in a report released on Friday, July 14th. They presently have a GBX 6,670 ($86.86) target price on the stock. Barclays PLC’s target price indicates a potential upside of 11.13% from the stock’s current price.

Several other analysts have also recently commented on ASC. Peel Hunt reaffirmed a “buy” rating and issued a GBX 7,000 ($91.16) target price on shares of ASOS plc in a research report on Thursday, July 13th. Beaufort Securities reaffirmed a “buy” rating on shares of ASOS plc in a research report on Wednesday, April 5th. Shore Capital reaffirmed a “buy” rating on shares of ASOS plc in a research report on Thursday, July 13th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 7,250 ($94.41) price objective on shares of ASOS plc in a research note on Thursday, July 13th. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 5,800 ($75.53) price target on shares of ASOS plc in a research note on Wednesday, April 5th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company. ASOS plc currently has a consensus rating of “Buy” and an average price target of GBX 6,192.35 ($80.64).

ASOS plc (LON:ASC) traded up 0.38% during trading on Friday, hitting GBX 6025.00. 66,762 shares of the stock traded hands. ASOS plc has a 12 month low of GBX 4,069.00 and a 12 month high of GBX 6,497.00. The company’s market cap is GBX 5.00 billion. The company’s 50 day moving average price is GBX 5,788.62 and its 200 day moving average price is GBX 5,753.47.

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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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