ASOS plc’s (ASC) “Overweight” Rating Reaffirmed at JPMorgan Chase & Co.
ASOS plc (LON:ASC)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research report issued on Wednesday. They presently have a GBX 5,400 ($65.81) price target on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 11.09% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. Societe Generale upgraded ASOS plc to a ” buy” rating in a report on Monday, July 18th. Royal Bank Of Canada reiterated a ” outperform” rating and issued a GBX 4,500 ($54.84) price objective on shares of ASOS plc in a report on Monday, July 11th. BNP Paribas reiterated a ” outperform” rating and issued a GBX 4,660 ($56.79) price objective on shares of ASOS plc in a report on Monday, September 12th. Liberum Capital lifted their price objective on ASOS plc from GBX 3,700 ($45.09) to GBX 4,800 ($58.50) and gave the stock a “buy” rating in a report on Tuesday, July 5th. Finally, Shore Capital reissued a “buy” rating on shares of ASOS plc in a research report on Thursday, June 30th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 4,648.42 ($56.65).
ASOS plc (LON:ASC) opened at 4861.00 on Wednesday. The company’s market capitalization is GBX 4.03 billion. ASOS plc has a 52-week low of GBX 2,557.00 and a 52-week high of GBX 5,474.00. The company has a 50 day moving average of GBX 4,819.47 and a 200 day moving average of 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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