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Asos Plc (NASDAQ:ASOMF) was downgraded by analysts at Peel Hunt from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Shares of Asos Plc (NASDAQ:ASOMF) remained flat at $48.8949 during during mid-day trading trading on Wednesday. Asos Plc has a 52 week low of $48.89 and a 52 week high of $110.74. The stock has a 50-day moving average of $49.58 and a 200-day moving average of $69.67. The company has a market cap of $4.044 billion and a P/E ratio of 66.34.

Separately, analysts at Nomura upgraded shares of Asos Plc from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy”.

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