ASOS plc (LON:ASC) Receives Buy Rating from Beaufort Securities
ASOS plc (LON:ASC)‘s stock had its “buy” rating reiterated by equities research analysts at Beaufort Securities in a research note issued on Friday.
Several other equities analysts also recently weighed in on the company. Barclays PLC reiterated an “overweight” rating and set a GBX 6,670 ($86.40) target price on shares of ASOS plc in a research report on Friday. Peel Hunt reiterated a “buy” rating and set a GBX 7,000 ($90.67) target price on shares of ASOS plc in a research report on Thursday. Numis Securities Ltd reiterated a “buy” rating and set a GBX 7,250 ($93.91) target price on shares of ASOS plc in a research report on Thursday. Liberum Capital reiterated a “buy” rating and set a GBX 6,400 ($82.90) target price on shares of ASOS plc in a research report on Thursday. Finally, Shore Capital reiterated a “buy” rating on shares of ASOS plc in a research report on Thursday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the stock. ASOS plc currently has an average rating of “Buy” and a consensus price target of GBX 6,192.35 ($80.21).
ASOS plc (ASC) traded down 2.08% during mid-day trading on Friday, hitting GBX 5639.00. The company had a trading volume of 323,893 shares. The company’s market capitalization is GBX 4.68 billion. The firm’s 50 day moving average is GBX 6,125.25 and its 200 day moving average is GBX 5,615.54. ASOS plc has a 52 week low of GBX 3,559.21 and a 52 week high of GBX 6,497.00.
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ASOS plc Company Profile
Asos PLC is a global fashion destination for a range of things. The Company sells and offers a range of fashion-related content on ASOS.com. The Company’s segments include UK, US, EU and RoW. It sells over 85,000 branded and own-label products through localized mobile and Web experiences, delivering from its fulfilment centers in the United Kingdom, the United States, Europe and across the world.
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