ASOS plc (ASC) Receives Average Recommendation of “Buy” from Analysts
ASOS plc (LON:ASC) has received a consensus recommendation of “Buy” from the nineteen research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 6,192.35 ($79.97).
Several research analysts have weighed in on the company. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 6,670 ($86.14) target price on shares of ASOS plc in a research report on Friday, July 14th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 6,000 ($77.49) target price on shares of ASOS plc in a research report on Friday. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 6,250 ($80.72) target price on shares of ASOS plc in a research report on Friday, June 30th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 7,250 ($93.63) target price on shares of ASOS plc in a research report on Thursday, July 13th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 7,000 ($90.40) target price on shares of ASOS plc in a research report on Thursday, July 13th.
ASOS plc (LON:ASC) traded down 0.66% during trading on Friday, hitting GBX 5605.00. The stock had a trading volume of 187,545 shares. The company’s market cap is GBX 4.65 billion. The company has a 50 day moving average of GBX 5,827.78 and a 200-day moving average of GBX 5,848.91. ASOS plc has a 12-month low of GBX 4,069.00 and a 12-month high of GBX 6,497.00.
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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