Analysts at Macquarie initiated coverage on shares of Asos Plc (OTC:ASOMF) in a report released on Tuesday, StockTargetPrices.com reports. The brokerage set an “outperform” rating on the stock.

ASOMF has been the subject of a number of other research reports. Goldman Sachs Group Inc. downgraded shares of Asos Plc from a “buy” rating to a “neutral” rating in a research report on Thursday, July 14th. HSBC downgraded shares of Asos Plc from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th.

Shares of Asos Plc (OTC:ASOMF) remained flat at $55.38 during trading on Tuesday. Asos Plc has a 1-year low of $38.25 and a 1-year high of $55.38. The company has a market cap of $4.59 billion and a P/E ratio of 92.30. The stock has a 50-day moving average of $55.38 and a 200-day moving average of $48.47.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/asos-plc-asomf-coverage-initiated-by-analysts-at-macquarie-2.html

Stock Target Prices

Receive News & Ratings for Asos Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asos Plc and related companies with MarketBeat.com's FREE daily email newsletter.