ASOS plc (LON:ASC)‘s stock had its “overweight” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday. They currently have a GBX 5,400 ($70.49) price objective on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 11.32% from the company’s previous close.
Other equities analysts also recently issued reports about the stock. Barclays PLC reissued an “overweight” rating on shares of ASOS plc in a report on Tuesday, June 7th. Goldman Sachs Group Inc. reissued a “buy” rating and set a GBX 4,400 ($57.43) price target on shares of ASOS plc in a report on Friday, June 17th. BNP Paribas lifted their price target on shares of ASOS plc from GBX 4,800 ($62.66) to GBX 5,200 ($67.88) and gave the company an “outperform” rating in a report on Monday, June 20th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 4,500 ($58.74) price target on shares of ASOS plc in a report on Monday, June 20th. Finally, Societe Generale reissued a “buy” rating on shares of ASOS plc in a report on Tuesday, June 28th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 4,635.26 ($60.50).
Shares of ASOS plc (LON:ASC) opened at 4850.700195 on Monday. ASOS plc has a 1-year low of GBX 2,557.00 and a 1-year high of GBX 4,918.00. The company’s 50-day moving average is GBX 4,683.64 and its 200 day moving average is GBX 4,002.37. The firm’s market capitalization is GBX 4.02 billion.
ASOS plc Company Profile
ASOS Plc is a United Kingdom-based global online fashion destination .The Company sell cutting-edge fast fashion and offers a variety offashion-related content, making ASOS.com the hub of a thriving fashion community. It sell 75,000 branded and own-brand products through localized mobile and web experiences, delivering from United Kingdom(UK) hub to almost every country in the world.
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