ASOS plc Rating Reiterated by Northland Capital Partners (ASC)
ASOS plc (LON:ASC)‘s stock had its “hold” rating reaffirmed by equities research analysts at Northland Capital Partners in a research note issued to investors on Friday. They currently have a GBX 3,000 ($50.29) price target on the stock. Northland Capital Partners’ price objective suggests a potential downside of 3.29% from the stock’s previous close.
A number of other analysts have also recently weighed in on ASC. Analysts at Societe Generale cut their price target on shares of ASOS plc from GBX 5,455 ($91.45) to GBX 4,855 ($81.39) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at Citigroup Inc. cut their price target on shares of ASOS plc from GBX 7,000 ($117.35) to GBX 3,700 ($62.03) in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of ASOS plc from GBX 6,600 ($110.65) to GBX 4,250 ($71.25) in a research note on Friday. They now have an “overweight” rating on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 5,040.32 ($84.50).
ASOS plc (LON:ASC) traded up 7.37% on Friday, hitting GBX 3350.0034. The stock had a trading volume of 1,387,452 shares. ASOS plc has a 52 week low of GBX 2846.884 and a 52 week high of GBX 7194.9995. The stock has a 50-day moving average of GBX 4269.56 and a 200-day moving average of GBX 5621.10.
ASOS Plc is a holding company. The principal activity of its subsidiary is Internet retailing. The Company’s geographical business segments include United Kingdom, United States, European Union and Rest of World.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.