Macquarie began coverage on shares of Asos Plc (OTC:ASOMF) in a research report issued on Tuesday, StockTargetPrices.com reports. The firm set an “outperform” rating on the stock.

ASOMF has been the topic of several other reports. HSBC downgraded Asos Plc from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th. Goldman Sachs Group Inc. downgraded Asos Plc from a “buy” rating to a “neutral” rating in a research note on Thursday, July 14th.

Shares of Asos Plc (OTC:ASOMF) opened at 55.38 on Tuesday. Asos Plc has a 12 month low of $38.25 and a 12 month high of $55.38. The company’s 50 day moving average price is $55.38 and its 200 day moving average price is $48.64. The stock has a market capitalization of $4.59 billion and a PE ratio of 92.30.

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