Shore Capital reaffirmed their buy rating on shares of ASOS plc (LON:ASC) in a research note released on Thursday morning, MarketBeat Ratings reports.

Several other research firms also recently weighed in on ASC. Deutsche Bank AG restated a hold rating and set a GBX 6,000 ($79.18) price target on shares of ASOS plc in a research report on Monday, October 2nd. Liberum Capital reiterated a buy rating and issued a GBX 6,400 ($84.46) price objective on shares of ASOS plc in a report on Tuesday, October 17th. Barclays PLC reiterated an overweight rating on shares of ASOS plc in a report on Wednesday, October 18th. Credit Suisse Group reiterated an underperform rating and issued a GBX 5,300 ($69.94) price objective on shares of ASOS plc in a report on Friday, September 1st. Finally, Peel Hunt increased their price objective on shares of ASOS plc from GBX 5,800 ($76.54) to GBX 7,000 ($92.37) and gave the company a buy rating in a report on Wednesday, July 5th. One equities research 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. ASOS plc presently has an average rating of Buy and a consensus target price of GBX 6,232.80 ($82.25).

ASOS plc (ASC) opened at GBX 5,900.40 ($77.86) on Thursday. ASOS plc has a 1 year low of GBX 4,574 ($60.36) and a 1 year high of GBX 6,497 ($85.74).

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In other news, insider Nicholas Robertson sold 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of GBX 5,662 ($74.72), for a total transaction of £8,493,000 ($11,207,442.60). Also, insider Helen Jane Ashton sold 6,081 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of GBX 5,684 ($75.01), for a total transaction of £345,644.04 ($456,115.12).

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.

Analyst Recommendations for ASOS plc (LON:ASC)

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