ASOS Plc Given “Buy” Rating at Numis Securities Ltd (ASC)
ASOS Plc (LON:ASC)‘s stock had its “buy” rating reiterated by Numis Securities Ltd in a research note issued on Thursday, Analyst Ratings.Net reports. They currently have a GBX 6,000 ($95.27) price target on the stock. Numis Securities Ltd’s target price indicates a potential upside of 24.15% from the stock’s previous close.
ASOS Plc (LON:ASC) opened at 5241.00 on Thursday. ASOS Plc has a 1-year low of GBX 2098.47 and a 1-year high of GBX 5395.00. The stock has a 50-day moving average of GBX 4921.10 and a 200-day moving average of GBX 4016..
ASC has been the subject of a number of other recent research reports. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of ASOS Plc (LON:ASC) in a research note to investors on Thursday. They now have a GBX 4,500 ($71.45) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of ASOS Plc (LON:ASC) in a research note to investors on Thursday. They now have a GBX 4,500 ($71.45) price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of ASOS Plc (LON:ASC) from GBX 4,555 ($72.32) to GBX 5,950 ($94.47) in a research note to investors on Friday, September 13th. They now have a “buy” rating on the stock.
One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. ASOS Plc currently has an average rating of “Buy” and an average target price of GBX 4,362.07 ($69.26).
Asos Plc is that of a holding company. The principal activity of its subsidiary undertakings is that of Internet retailing.
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