Royal Bank of Canada reiterated their outperform rating on shares of ASOS (LON:ASC) in a report issued on Monday, January 8th. The brokerage currently has a GBX 7,400 ($103.92) price objective on the stock.
Other equities research analysts also recently issued research reports about the company. Peel Hunt restated a buy rating and set a GBX 7,000 ($98.30) price target on shares of ASOS in a report on Friday, September 15th. Shore Capital restated a buy rating on shares of ASOS in a report on Thursday, November 2nd. Liberum Capital reiterated a buy rating and issued a GBX 6,400 ($89.88) price objective on shares of ASOS in a report on Tuesday, October 17th. Beaufort Securities reiterated a buy rating on shares of ASOS in a report on Wednesday, October 18th. Finally, Berenberg Bank reiterated a buy rating and issued a GBX 6,800 ($95.49) price objective on shares of ASOS in a report on Thursday, November 2nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company. ASOS currently has an average rating of Buy and an average price target of GBX 6,691.13 ($93.96).
Shares of ASOS (LON:ASC) opened at GBX 7,414 ($104.11) on Monday. ASOS has a 1-year low of GBX 58.29 ($0.82) and a 1-year high of GBX 7,524 ($105.66). The firm has a market capitalization of $6,200.00 and a PE ratio of 9,755.26.
ILLEGAL ACTIVITY WARNING: This piece of content was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of US & international copyright & trademark laws. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/02/01/asos-asc-given-outperform-rating-at-royal-bank-of-canada.html.
ASOS 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.
Receive News & Ratings for ASOS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASOS and related companies with MarketBeat.com's FREE daily email newsletter.