ASOS (ASC) Rating Reiterated by Credit Suisse Group

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Credit Suisse Group reaffirmed their outperform rating on shares of ASOS (LON:ASC) in a report published on Friday morning.

Other equities analysts have also recently issued reports about the company. Liberum Capital reaffirmed a buy rating on shares of ASOS in a research note on Monday, December 17th. Peel Hunt reaffirmed a buy rating on shares of ASOS in a research note on Monday, December 17th. Numis Securities reaffirmed a buy rating and issued a GBX 8,500 ($111.07) price target on shares of ASOS in a research note on Wednesday, October 17th. Shore Capital reaffirmed a buy rating on shares of ASOS in a research note on Wednesday, October 17th. Finally, HSBC reaffirmed a buy rating on shares of ASOS in a research note on Friday, October 19th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 5,195.74 ($67.89).

Shares of ASOS stock opened at GBX 3,029.18 ($39.58) on Friday. ASOS has a one year low of GBX 58.29 ($0.76) and a one year high of GBX 7,770 ($101.53).

In other ASOS news, insider Adam Crozier bought 3,750 shares of ASOS stock in a transaction dated Tuesday, December 18th. The shares were purchased at an average cost of GBX 2,671 ($34.90) per share, with a total value of £100,162.50 ($130,880.05).

About ASOS

ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, and Russia. The company offers womenswear, menswear, and sportswear products. It sells approximately 85,000 branded and ASOS brand products primarily through its Website, asos.com, as well as through social media platforms and magazines.

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Analyst Recommendations for ASOS (LON:ASC)

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