ASOS plc (LON:ASC)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a research note issued on Tuesday, October 17th. They currently have a GBX 6,400 ($84.46) price objective on the stock. Liberum Capital’s price objective indicates a potential upside of 9.93% from the stock’s current price.
Several other research firms also recently weighed in on ASC. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 5,800 ($76.54) price target on shares of ASOS plc in a research note on Tuesday, June 20th. Numis Securities Ltd restated a “buy” rating and issued a GBX 7,250 ($95.67) price target on shares of ASOS plc in a research note on Wednesday, August 9th. Shore Capital restated a “buy” rating on shares of ASOS plc in a research note on Tuesday, August 8th. Deutsche Bank AG restated a “hold” rating and issued a GBX 6,000 ($79.18) price target on shares of ASOS plc in a research note on Monday, October 2nd. Finally, Berenberg Bank upped their price target on ASOS plc from GBX 6,500 ($85.77) to GBX 6,800 ($89.73) and gave the stock a “buy” rating in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of GBX 6,232.80 ($82.25).
ASOS plc (LON ASC) opened at 5822.00 on Tuesday. The company’s market cap is GBX 4.83 billion. The company has a 50-day moving average of GBX 5,761.00 and a 200-day moving average of GBX 5,868.92. ASOS plc has a 52-week low of GBX 4,574.00 and a 52-week high of GBX 6,497.00.
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In other ASOS plc news, insider Nicholas Robertson sold 150,000 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of GBX 5,662 ($74.72), for a total value of £8,493,000 ($11,207,442.60).
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.
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