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.

COPYRIGHT VIOLATION WARNING: This news story was reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this news story can be read at http://www.watchlistnews.com/asos-plc-asc-receives-buy-rating-from-numis-securities-ltd/1060360.html.

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.

Receive News & Ratings for ASOS plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASOS plc and related companies with Analyst Ratings Network's FREE daily email newsletter.