ASOS plc (LON:ASC)‘s stock had its “buy” rating restated by equities researchers at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 6,500 ($79.22) price target on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 21.91% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Societe Generale upgraded shares of ASOS plc to a ” buy” rating in a report on Monday, July 18th. Royal Bank Of Canada reiterated a ” outperform” rating and set a GBX 4,500 ($54.84) price target on shares of ASOS plc in a report on Monday, July 11th. BNP Paribas reiterated a ” outperform” rating and set a GBX 4,660 ($56.79) price target on shares of ASOS plc in a report on Monday, September 12th. Liberum Capital increased their price target on shares of ASOS plc from GBX 3,700 ($45.09) to GBX 4,800 ($58.50) and gave the company a “buy” rating in a report on Tuesday, July 5th. Finally, Shore Capital reiterated a “buy” rating on shares of ASOS plc in a report on Thursday, June 30th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 4,648.42 ($56.65).

Analyst Recommendations for ASOS plc (LON:ASC)

ASOS plc (LON:ASC) traded down 7.18% on Tuesday, hitting GBX 4949.00. 1,780,260 shares of the stock were exchanged. The firm’s market cap is GBX 4.11 billion. ASOS plc has a 12 month low of GBX 2,557.00 and a 12 month high of GBX 5,474.00. The company has a 50-day moving average of GBX 4,812.25 and a 200 day moving average of GBX 4,165.26.

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ASOS plc Company Profile

ASOS Plc is a United Kingdom-based global online fashion destination .The Company sell cutting-edge fast fashion and offers a variety offashion-related content, making the hub of a thriving fashion community. It sell 75,000 branded and own-brand products through localized mobile and web experiences, delivering from United Kingdom(UK) hub to almost every country in the world.

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