ASOS Plc Given “Hold” Rating at N+1 Singer (ASC)
ASOS Plc (LON:ASC)‘s stock had its “hold” rating restated by N+1 Singer in a research note issued on Thursday, AnalystRatings.Net reports. They currently have a GBX 4,500 ($71.45) target price on the stock. N+1 Singer’s target price would suggest a potential downside of 6.89% from the company’s current price.
A number of other firms have also recently commented on ASC. 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. Separately, analysts at Barclays Capital raised their price target on shares of ASOS Plc (LON:ASC) from GBX 4,500 ($71.45) to GBX 5,600 ($88.92) in a research note to investors on Wednesday, September 4th. They now have an “overweight” rating on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of ASOS Plc (LON:ASC) from GBX 4,800 ($76.21) to GBX 5,800 ($92.09) in a research note to investors on Wednesday, September 4th. 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 stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 4,362.07 ($69.26).
Shares of ASOS Plc (LON:ASC) opened at 5303.00 on Thursday. ASOS Plc has a 1-year low of GBX 2098.47 and a 1-year high of GBX 5395.00. The stock’s 50-day moving average is GBX 4921.10 and its 200-day moving average is GBX 4016..
Asos Plc is that of a holding company. The principal activity of its subsidiary undertakings is that of Internet retailing.
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