Deutsche Bank AG reiterated their hold rating on shares of ASOS plc (LON:ASC) in a research note issued to investors on Friday, July 14th. The firm currently has a GBX 6,000 ($78.14) price objective on the stock.
Several other research firms have also recently weighed in on ASC. Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and set a GBX 5,800 ($75.53) price objective on shares of ASOS plc in a research report on Monday, March 20th. HSBC Holdings plc reaffirmed a hold rating and set a GBX 6,250 ($81.39) price objective on shares of ASOS plc in a research report on Wednesday, June 7th. Liberum Capital reissued a buy rating and issued a GBX 6,400 ($83.34) price target on shares of ASOS plc in a research report on Thursday, July 13th. Shore Capital reissued a buy rating on shares of ASOS plc in a research report on Tuesday, April 4th. Finally, J P Morgan Chase & Co reissued an overweight rating and issued a GBX 6,000 ($78.14) price target on shares of ASOS plc in a research report on Wednesday, May 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 6,192.35 ($80.64).
Shares of ASOS plc (LON ASC) traded up 0.15% on Friday, hitting GBX 6011.00. The company had a trading volume of 124,318 shares. ASOS plc has a 12-month low of GBX 4,069.00 and a 12-month high of GBX 6,497.00. The firm has a 50-day moving average price of GBX 5,788.62 and a 200 day moving average price of GBX 5,753.47. The company’s market capitalization is GBX 4.99 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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