ASOS plc (ASC) Receives “Buy” Rating from Numis Securities Ltd
Numis Securities Ltd restated their buy rating on shares of ASOS plc (LON:ASC) in a report published on Thursday morning. Numis Securities Ltd currently has a GBX 6,500 ($79.05) price target on the stock.
Other analysts have also recently issued reports about the company. J P Morgan Chase & Co upped their target price on ASOS plc from GBX 4,550 ($55.33) to GBX 5,400 ($65.67) and gave the company an overweight rating in a report on Friday, September 16th. Jefferies Group upped their target price on ASOS plc from GBX 3,600 ($43.78) to GBX 5,000 ($60.81) and gave the company a hold rating in a report on Thursday, September 29th. BNP Paribas reiterated an outperform rating and issued a GBX 6,300 ($76.61) target price on shares of ASOS plc in a report on Friday, December 2nd. Credit Suisse Group initiated coverage on ASOS plc in a report on Friday, September 23rd. They issued a neutral rating and a GBX 5,100 ($62.02) target price on the stock. Finally, Shore Capital reiterated a buy rating on shares of ASOS plc in a report on Tuesday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 5,177.89 ($62.97).
Shares of ASOS plc (LON:ASC) traded up 1.96% during trading on Thursday, hitting GBX 5473.00. 518,536 shares of the stock traded hands. ASOS plc has a 52 week low of GBX 2,557.00 and a 52 week high of GBX 5,512.00. The company has a 50-day moving average of GBX 4,938.51 and a 200-day moving average of GBX 4,739.52. The firm’s market cap is GBX 4.54 billion.
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ASOS plc Company Profile
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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