ASOS plc (LON:ASC)‘s stock had its “overweight” rating reiterated by equities researchers at JPMorgan Chase & Co. in a research report issued on Monday. They currently have a GBX 5,400 ($70.49) price objective on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 5.78% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on the stock. Societe Generale upgraded shares of ASOS plc to a ” buy” rating in a research note on Monday, July 18th. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a GBX 5,100 ($66.57) price objective on shares of ASOS plc in a research note on Friday, August 19th. Macquarie initiated coverage on shares of ASOS plc in a research note on Tuesday, September 20th. They set an “outperform” rating and a GBX 5,700 ($74.40) price objective on the stock. Credit Suisse Group AG initiated coverage on shares of ASOS plc in a research note on Friday, September 23rd. They set a “neutral” rating and a GBX 5,100 ($66.57) price objective on the stock. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 5,000 ($65.27) price objective on shares of ASOS plc in a research note on Monday, July 18th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 4,635.26 ($60.50).
ASOS plc (LON:ASC) opened at 5081.00 on Monday. The firm’s market cap is GBX 4.22 billion. ASOS plc has a 52 week low of GBX 2,557.00 and a 52 week high of GBX 5,140.70. The stock’s 50 day moving average is GBX 4,696.50 and its 200 day moving average is GBX 4,043.04.
About ASOS plc
ASOS Plc is a United Kingdom-based global online fashion destination .The Company sell cutting-edge fast fashion and offers a variety offashion-related content, making ASOS.com the hub of a thriving fashion community. It sell 75,000 branded and own-brand products through localized mobile and web experiences, delivering from United Kingdom(UK) hub to almost every country in the world.
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