ASOS Plc Receives “Buy” Rating from Numis Securities Ltd (ASC)
ASOS Plc (LON:ASC)‘s stock had its “buy” rating reaffirmed by equities research analysts at Numis Securities Ltd in a research note issued to investors on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 7,500 ($123.60) target price on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 7.88% from the stock’s previous close.
ASC has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald Europe raised their price target on shares of ASOS Plc from GBX 4,700 ($77.46) to GBX 7,200 ($118.66) in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of ASOS Plc in a research note to investors on Tuesday. They set a “buy” rating and a GBX 6,200 ($102.18) price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of ASOS Plc in a research note to investors on Monday. They now have a GBX 7,160 ($118.00) price target on the stock. Two analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company’s stock. ASOS Plc presently has an average rating of “Hold” and a consensus target price of GBX 5,206.79 ($85.81).
ASOS Plc (LON:ASC) opened at 6415.00 on Tuesday. ASOS Plc has a one year low of GBX 2476.00 and a one year high of GBX 7008.00. The stock has a 50-day moving average of GBX 6159. and a 200-day moving average of GBX 5310.99.
Asos Plc is that of a holding company. The principal activity of its subsidiary undertakings is that of Internet retailing.
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