ASOS plc (ASC) Receives Underperform Rating from Credit Suisse Group
Credit Suisse Group reiterated their underperform rating on shares of ASOS plc (LON:ASC) in a research report report published on Friday morning. Credit Suisse Group currently has a GBX 5,300 ($68.55) price target on the stock.
Several other brokerages have also recently commented on ASC. Numis Securities Ltd reissued a buy rating and set a GBX 7,250 ($93.77) price target on shares of ASOS plc in a research report on Wednesday, August 9th. Shore Capital reissued a buy rating on shares of ASOS plc in a research report on Tuesday, August 8th. Peel Hunt reissued a buy rating and set a GBX 7,000 ($90.53) price target on shares of ASOS plc in a research report on Thursday, July 13th. Liberum Capital reissued a buy rating and set a GBX 6,400 ($82.77) price target on shares of ASOS plc in a research report on Tuesday, August 8th. Finally, Deutsche Bank AG reissued a hold rating and set a GBX 6,000 ($77.60) price target on shares of ASOS plc in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of Buy and an average price target of GBX 6,192.35 ($80.09).
ASOS plc (LON ASC) traded up 0.25% during trading on Friday, reaching GBX 5681.00. The company’s stock had a trading volume of 260,890 shares. The company’s 50 day moving average price is GBX 5,831.30 and its 200 day moving average price is GBX 5,834.59. The company’s market cap is GBX 4.71 billion. ASOS plc has a 52 week low of GBX 4,069.00 and a 52 week high of GBX 6,497.00.
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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.
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