ASOS plc (LON:ASC)‘s stock had its “hold” rating reaffirmed by stock analysts at HSBC Holdings plc in a research note issued to investors on Friday. They currently have a GBX 6,250 ($81.61) price target on the stock. HSBC Holdings plc’s price objective points to a potential upside of 9.17% from the company’s previous close.

A number of other brokerages have also commented on ASC. Liberum Capital reaffirmed a “buy” rating and issued a GBX 6,400 ($83.57) target price on shares of ASOS plc in a research report on Thursday, July 13th. Shore Capital reaffirmed a “buy” rating on shares of ASOS plc in a research report on Tuesday, April 4th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 6,000 ($78.35) target price on shares of ASOS plc in a research report on Wednesday, May 17th. Peel Hunt boosted their target price on ASOS plc from GBX 5,800 ($75.74) to GBX 7,000 ($91.41) and gave the company a “buy” rating in a research report on Wednesday, July 5th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 7,250 ($94.67) target price on shares of ASOS plc in a research report on Thursday, July 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. ASOS plc has an average rating of “Buy” and an average price target of GBX 6,192.35 ($80.86).

ASOS plc (ASC) traded down 0.05% on Friday, hitting GBX 5725.00. The stock had a trading volume of 223,160 shares. ASOS plc has a 52 week low of GBX 4,069.00 and a 52 week high of GBX 6,497.00. The company has a 50-day moving average price of GBX 5,908.87 and a 200-day moving average price of GBX 5,703.16. The stock’s market capitalization is GBX 4.75 billion.

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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.

Analyst Recommendations for ASOS plc (LON:ASC)

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