ASOS plc (ASC) PT Raised to GBX 4,750 at Deutsche Bank AG
ASOS plc (LON:ASC) had its price objective raised by analysts at Deutsche Bank AG from GBX 4,400 ($53.63) to GBX 4,750 ($57.89) in a research report issued on Wednesday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank AG’s target price would indicate a potential downside of 2.28% from the company’s previous close.
Several other equities analysts also recently commented on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 5,400 ($65.81) target price on shares of ASOS plc in a research report on Wednesday. Numis Securities Ltd reissued a “buy” rating and set a GBX 6,500 ($79.22) target price on shares of ASOS plc in a research report on Tuesday. Peel Hunt lowered their price target on ASOS plc from GBX 5,000 ($60.94) to GBX 4,000 ($48.75) and set a “buy” rating on the stock in a research report on Tuesday. Jefferies Group raised their price target on ASOS plc from GBX 3,600 ($43.88) to GBX 5,000 ($60.94) and gave the company a “hold” rating in a research report on Thursday, September 29th. Finally, Credit Suisse Group AG started coverage on ASOS plc in a research report on Friday, September 23rd. They issued a “neutral” rating and a GBX 5,100 ($62.16) price target on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company. ASOS plc presently has an average rating of “Hold” and an average price target of GBX 4,666.84 ($56.88).
ASOS plc (LON:ASC) opened at 4977.385 on Wednesday. ASOS plc has a 12-month low of GBX 2,557.00 and a 12-month high of GBX 5,474.00. The company’s market capitalization is GBX 4.13 billion. The stock’s 50 day moving average price is GBX 4,819.47 and its 200 day moving average price is GBX 4,177.60.
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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 ASOS.com 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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