Credit Suisse Group AG began coverage on shares of ASOS plc (LON:ASC) in a research note issued to investors on Friday. The firm issued a neutral rating and a GBX 5,100 ($66.57) price target on the stock.
ASC has been the topic of a number of other research reports. JPMorgan Chase & Co. lifted their price objective on ASOS plc from GBX 4,550 ($59.39) to GBX 5,400 ($70.49) and gave the stock an overweight rating in a research note on Friday, September 16th. Shore Capital reaffirmed a buy rating on shares of ASOS plc in a research note on Friday, September 2nd. Goldman Sachs Group Inc. reaffirmed a neutral rating and issued a GBX 5,100 ($66.57) price objective on shares of ASOS plc in a research note on Friday, August 19th. Royal Bank Of Canada reaffirmed an outperform rating and issued a GBX 5,000 ($65.27) price objective on shares of ASOS plc in a research note on Tuesday, August 30th. Finally, BNP Paribas lifted their price objective on ASOS plc from GBX 5,200 ($67.88) to GBX 5,800 ($75.71) and gave the stock an outperform rating in a research note on Friday, September 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 4,561.58 ($59.54).
Shares of ASOS plc (LON:ASC) traded down 1.74% during trading on Friday, hitting GBX 4680.00. The company had a trading volume of 71,471 shares. The stock’s 50-day moving average price is GBX 4,671.19 and its 200 day moving average price is GBX 3,945.41. ASOS plc has a 52 week low of GBX 2,532.00 and a 52 week high of GBX 4,885.00. The company’s market capitalization is GBX 3.88 billion.
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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