ASOS plc Stock Rating Reaffirmed by Goldman Sachs (ASC)
A number of other firms have also recently commented on ASC. Analysts at Deutsche Bank cut their price target on shares of ASOS plc from GBX 5,800 ($97.23) to GBX 3,600 ($60.35) in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of ASOS plc in a research note on Thursday. They now have a GBX 6,000 ($100.59) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of ASOS plc in a research note on Wednesday. They now have a GBX 5,000 ($83.82) price target on the stock, down previously from GBX 8,000 ($134.12). Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 5,040.32 ($84.50).
Shares of ASOS plc (LON:ASC) traded up 7.15% on Friday, hitting GBX 3343.00. 1,135,447 shares of the company’s stock traded hands. 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.
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