ASOS plc (LON:ASC) has been assigned an average rating of “Buy” from the seventeen ratings firms that are covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 6,338 ($84.07).

Several equities research analysts have weighed in on the company. Peel Hunt restated a “buy” rating and set a GBX 7,000 ($92.85) target price on shares of ASOS plc in a research note on Thursday, July 13th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 7,250 ($96.17) price target on shares of ASOS plc in a research note on Thursday, July 13th. Liberum Capital reiterated a “buy” rating and issued a GBX 6,400 ($84.89) price target on shares of ASOS plc in a research note on Thursday, July 13th. Shore Capital reissued a “buy” rating on shares of ASOS plc in a report on Thursday, July 13th. Finally, Berenberg Bank boosted their price target on ASOS plc from GBX 6,500 ($86.22) to GBX 6,800 ($90.20) and gave the stock a “buy” rating in a report on Monday, July 10th.

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Shares of ASOS plc (LON ASC) traded up 0.64% during mid-day trading on Wednesday, reaching GBX 5950.00. 201,682 shares of the company’s stock traded hands. The firm has a 50 day moving average price of GBX 5,791.33 and a 200-day moving average price of GBX 5,885.49. The stock’s market cap is GBX 4.94 billion. ASOS plc has a 12 month low of GBX 4,574.00 and a 12 month high of GBX 6,497.00.

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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