A number of other brokerages have also recently weighed in on ASC. Societe Generale upgraded ASOS plc to a buy rating in a report on Monday, July 18th. Peel Hunt cut their price objective on ASOS plc from GBX 5,000 ($60.94) to GBX 4,000 ($48.75) and set a buy rating on the stock in a research report on Tuesday. Credit Suisse Group AG began coverage on ASOS plc in a research report on Friday, September 23rd. They issued a neutral rating and a GBX 5,100 ($62.16) price objective on the stock. Goldman Sachs Group Inc. reissued a neutral rating and issued a GBX 5,100 ($62.16) price objective on shares of ASOS plc in a research report on Friday, August 19th. Finally, Macquarie began coverage on ASOS plc in a research report on Tuesday, September 20th. They issued an outperform rating and a GBX 5,700 ($69.47) price objective on the stock. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of GBX 4,666.84 ($56.88).
Shares of ASOS plc (LON:ASC) opened at 5014.00 on Tuesday. The company’s 50-day moving average price is GBX 4,819.47 and its 200-day moving average price is GBX 4,177.60. The company’s market cap is GBX 4.16 billion. ASOS plc has a 12 month low of GBX 2,557.00 and a 12 month high of GBX 5,474.00.
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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