Deutsche Bank AG Reaffirms “Hold” Rating for ASOS plc (ASC)

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.

Analyst Recommendations for ASOS plc (LON:ASC)

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