ASOS plc (LON:ASC) had its price target trimmed by Peel Hunt from GBX 5,000 ($60.94) to GBX 4,000 ($48.75) in a research report report published on Tuesday. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also recently weighed in on ASC. Barclays PLC reaffirmed an overweight rating and issued a GBX 4,800 ($58.50) price objective on shares of ASOS plc in a research note on Tuesday, June 21st. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 4,400 ($53.63) price objective on shares of ASOS plc in a research note on Wednesday, July 13th. Investec lifted their price objective on ASOS plc from GBX 3,750 ($45.70) to GBX 4,500 ($54.84) and gave the company a hold rating in a research note on Tuesday, July 12th. Berenberg Bank lifted their price objective on ASOS plc from GBX 4,100 ($49.97) to GBX 5,100 ($62.16) and gave the company a buy rating in a research note on Wednesday, July 13th. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 4,700 ($57.28) price objective on shares of ASOS plc in a research note on Tuesday, July 12th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 4,666.84 ($56.88).
ASOS plc (LON:ASC) opened at 5013.00 on Tuesday. ASOS plc has a 12 month low of GBX 2,557.00 and a 12 month high of GBX 5,474.00. The company’s 50-day moving average price is GBX 4,819.47 and its 200 day moving average price is GBX 4,177.60. The firm’s market capitalization is GBX 4.16 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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