ASOS plc Given Consensus Rating of “Buy” by Analysts (LON:ASC)
Shares of ASOS plc (LON:ASC) have earned a consensus recommendation of “Buy” from the nineteen ratings firms that are covering the company, AnalystRatingsNetwork reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 4,931.37 ($83.74).
ASOS plc (LON:ASC) opened at 2392.394 on Wednesday. ASOS plc has a 52-week low of GBX 2313.00 and a 52-week high of GBX 7195.00. The stock has a 50-day moving average of GBX 2900.32 and a 200-day moving average of GBX 4728..
Several analysts have recently commented on the stock. Analysts at Liberum Capital reiterated a “sell” rating on shares of ASOS plc in a research note on Wednesday, July 2nd. They now have a GBX 1,440 ($24.45) price target on the stock. Separately, analysts at Nomura upgraded shares of ASOS plc to a “buy” rating in a research note on Tuesday, June 24th. They now have a GBX 3,240 ($55.02) price target on the stock, down previously from GBX 6,000 ($101.88). Finally, analysts at Berenberg Bank reiterated a “buy” rating on shares of ASOS plc in a research note on Monday, June 23rd. They now have a GBX 5,350 ($90.85) price target on the stock.
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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