Shares of ASOS plc (LON:ASC) have been assigned an average rating of “Buy” from the nineteen ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 6,192.35 ($80.86).

A number of analysts recently issued reports on ASC shares. Citigroup Inc. reissued a “buy” rating and set a GBX 7,000 ($91.41) price target on shares of ASOS plc in a report on Wednesday, May 10th. Berenberg Bank reissued a “buy” rating and set a GBX 6,500 ($84.88) price target on shares of ASOS plc in a report on Monday, May 15th. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 6,000 ($78.35) price objective on shares of ASOS plc in a research report on Wednesday, May 17th. Shore Capital restated a “buy” rating on shares of ASOS plc in a research report on Tuesday, April 4th. Finally, HSBC Holdings plc upped their price objective on shares of ASOS plc from GBX 5,900 ($77.04) to GBX 6,250 ($81.61) and gave the stock a “hold” rating in a research report on Wednesday, May 17th.

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ASOS plc (ASC) traded down 0.05% during trading on Friday, reaching GBX 5725.00. The company’s stock had a trading volume of 223,160 shares. The company has a 50-day moving average of GBX 5,913.98 and a 200 day moving average of GBX 5,703.01. ASOS plc has a one year low of GBX 4,069.00 and a one year high of GBX 6,497.00. The firm’s market cap is GBX 4.75 billion.

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.

Analyst Recommendations for ASOS plc (LON:ASC)

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