ASOS plc (LON:ASC)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a report issued on Friday. They presently have a GBX 7,000 ($90.40) target price on the stock. Peel Hunt’s price target suggests a potential upside of 26.15% from the stock’s current price.

Several other brokerages have also recently commented on ASC. HSBC Holdings plc restated a “hold” rating and set a GBX 6,250 ($80.72) price objective on shares of ASOS plc in a research note on Wednesday, June 7th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 5,800 ($74.91) price objective on shares of ASOS plc in a research note on Tuesday, June 20th. Numis Securities Ltd restated a “buy” rating and set a GBX 7,250 ($93.63) price objective on shares of ASOS plc in a research note on Wednesday, August 9th. Liberum Capital restated a “buy” rating and set a GBX 6,400 ($82.66) price objective on shares of ASOS plc in a research note on Tuesday, August 8th. Finally, Shore Capital restated a “buy” rating on shares of ASOS plc in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 6,192.35 ($79.97).

Shares of ASOS plc (ASC) traded down 2.65% during mid-day trading on Friday, reaching GBX 5549.00. 212,343 shares of the company’s stock were exchanged. ASOS plc has a one year low of GBX 4,069.00 and a one year high of GBX 6,497.00. The company’s market capitalization is GBX 4.60 billion. The company’s 50-day moving average price is GBX 5,819.03 and its 200-day moving average price is GBX 5,860.84.

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About ASOS plc

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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