ASOS Plc Receives “Sell” Rating from Liberum Capital (ASC)
ASOS Plc (LON:ASC)‘s stock had its “sell” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Tuesday, American Banking News.com reports.
ASC has been the subject of a number of other recent research reports. Analysts at Goldman Sachs Group Inc. downgraded shares of ASOS Plc to a “neutral” rating in a research note to investors on Thursday, January 23rd. Separately, analysts at BNP Paribas downgraded shares of ASOS Plc to a “neutral” rating in a research note to investors on Thursday, January 23rd. They now have a GBX 7,500 ($123.58) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of ASOS Plc from GBX 7,000 ($115.34) to GBX 8,000 ($131.82) in a research note to investors on Wednesday, January 15th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 5,526.81 ($91.07).
ASOS Plc (LON:ASC) traded up 2.39% during mid-day trading on Tuesday, hitting GBX 5957.00. 319,272 shares of the company’s stock traded hands. ASOS Plc has a one year low of GBX 2511.00 and a one year high of GBX 7100.00. The stock’s 50-day moving average is GBX 6371. and its 200-day moving average is GBX 5476.91.
Asos Plc is that of a holding company. The principal activity of its subsidiary undertakings is that of Internet retailing.
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