ASOS plc (LON:ASC)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Thursday. They presently have a GBX 6,800 ($89.73) target price on the stock. Berenberg Bank’s target price indicates a potential upside of 19.36% from the company’s previous close.

A number of other equities research analysts also recently issued reports on the stock. Shore Capital reiterated a “buy” rating on shares of ASOS plc in a research note on Thursday. Macquarie reiterated an “outperform” rating and set a GBX 7,000 ($92.37) price objective on shares of ASOS plc in a research note on Thursday, October 19th. Beaufort Securities reiterated a “buy” rating on shares of ASOS plc in a research note on Wednesday, October 18th. Barclays PLC reiterated an “overweight” rating on shares of ASOS plc in a research note on Wednesday, October 18th. Finally, Deutsche Bank AG reduced their price objective on shares of ASOS plc from GBX 6,000 ($79.18) to GBX 5,800 ($76.54) and set a “hold” rating on the stock in a research note on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 6,232.80 ($82.25).

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In other news, insider Nicholas Robertson sold 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of GBX 5,662 ($74.72), for a total value of £8,493,000 ($11,207,442.60). Also, insider Helen Jane Ashton sold 6,081 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of GBX 5,684 ($75.01), for a total transaction of £345,644.04 ($456,115.12).

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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