Asos Plc Upgraded to Buy by Deutsche Bank (ASOMF)
Asos Plc (NASDAQ:ASOMF) was upgraded by stock analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a report issued on Friday, StockRatingsNetwork reports.
Shares of Asos Plc (NASDAQ:ASOMF) opened at 71.9162 on Friday. Asos Plc has a 1-year low of $49.70 and a 1-year high of $110.74. The stock’s 50-day moving average is $90.98 and its 200-day moving average is $93.3. The company has a market cap of $5.948 billion and a P/E ratio of 100.72.
A number of other analysts have also recently weighed in on ASOMF. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Asos Plc in a research note on Friday, April 11th. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Asos Plc in a research note on Wednesday, April 2nd. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Asos Plc in a research note on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold”.
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