ASOS plc (LON:ASC)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, October 17th. They presently have a GBX 7,000 ($92.07) target price on the stock. Peel Hunt’s price target suggests a potential upside of 16.88% from the stock’s previous close.
Other research analysts have also recently issued reports about the company. Barclays PLC reaffirmed an “overweight” rating and set a GBX 6,670 ($87.73) price objective on shares of ASOS plc in a research report on Friday, July 14th. Beaufort Securities reaffirmed a “buy” rating on shares of ASOS plc in a research report on Friday, July 14th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 7,250 ($95.36) price objective on shares of ASOS plc in a research report on Thursday, July 13th. HSBC Holdings plc reaffirmed a “hold” rating and set a GBX 6,250 ($82.20) price objective on shares of ASOS plc in a research report on Friday, June 30th. Finally, Shore Capital reaffirmed a “buy” rating on shares of ASOS plc in a research report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 6,232.80 ($81.98).
ASOS plc (LON:ASC) traded up GBX 79 ($1.04) during trading hours on Tuesday, reaching GBX 5,989 ($78.77). The company’s stock had a trading volume of 496,725 shares, compared to its average volume of 519,862. ASOS plc has a 1 year low of GBX 4,574 ($60.16) and a 1 year high of GBX 6,497 ($85.45).
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In other ASOS plc news, insider Helen Jane Ashton sold 6,081 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of GBX 5,684 ($74.76), for a total value of £345,644.04 ($454,615.34). Also, insider Nicholas Robertson sold 150,000 shares of the company’s stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of GBX 5,662 ($74.47), for a total value of £8,493,000 ($11,170,590.56).
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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