ASOS plc (LON:ASC)‘s stock had its “outperform” rating reiterated by investment analysts at Macquarie in a research note issued to investors on Thursday. They currently have a GBX 7,000 ($93.01) price objective on the stock. Macquarie’s price target suggests a potential upside of 26.08% from the company’s current price.

Several other equities analysts have also issued reports on ASC. Liberum Capital reaffirmed a “buy” rating and issued a GBX 6,400 ($85.04) price target on shares of ASOS plc in a report on Tuesday, October 17th. Beaufort Securities reiterated a “buy” rating on shares of ASOS plc in a research note on Wednesday. Peel Hunt reiterated a “buy” rating and set a GBX 7,000 ($93.01) price objective on shares of ASOS plc in a research note on Tuesday, October 17th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 7,250 ($96.33) price objective on shares of ASOS plc in a research note on Wednesday, August 9th. Finally, Barclays PLC reiterated an “overweight” rating on shares of ASOS plc in a research note on Wednesday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 6,232.80 ($82.82).

ASOS plc (ASC) traded up 0.91% during trading on Thursday, reaching GBX 5552.00. The company had a trading volume of 791,903 shares. The stock’s market capitalization is GBX 4.61 billion. The stock has a 50 day moving average of GBX 5,760.49 and a 200-day moving average of GBX 5,871.08. ASOS plc has a 12-month low of GBX 4,574.00 and a 12-month high of GBX 6,497.00.

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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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