BNP Paribas Reiterates Neutral Rating for ASOS plc (ASC)
ASOS plc (LON:ASC)‘s stock had its “neutral” rating reiterated by equities research analysts at BNP Paribas in a research note issued to investors on Tuesday. They currently have a GBX 3,400 ($57.04) target price on the stock. BNP Paribas’ target price points to a potential upside of 37.15% from the stock’s previous close.
Shares of ASOS plc (LON:ASC) traded up 1.17% during mid-day trading on Tuesday, hitting GBX 2514.00. The stock had a trading volume of 201,947 shares. ASOS plc has a 52 week low of GBX 2203.00 and a 52 week high of GBX 7194.9995. The stock has a 50-day moving average of GBX 2822.31 and a 200-day moving average of GBX 4513..
ASC has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of ASOS plc in a research note on Monday. They now have a GBX 5,000 ($83.88) price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of ASOS plc in a research note on Monday, August 4th. They now have a GBX 1,440 ($24.16) price target on the stock. Finally, 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 ($24.16) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. ASOS plc currently has a consensus rating of “Buy” and an average price target of GBX 4,715.58 ($79.11).
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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