ASOS plc (ASC) Earns “Buy” Rating from Beaufort Securities

Beaufort Securities restated their buy rating on shares of ASOS plc (LON:ASC) in a research report sent to investors on Wednesday, October 18th.

ASC has been the topic of a number of other reports. Numis Securities Ltd reissued a buy rating and issued a GBX 7,250 ($95.36) price objective on shares of ASOS plc in a research note on Wednesday, August 9th. Peel Hunt reissued a buy rating and issued a GBX 7,000 ($92.07) price objective on shares of ASOS plc in a research note on Thursday, July 13th. Liberum Capital reissued a buy rating and issued a GBX 6,400 ($84.18) price objective on shares of ASOS plc in a research note on Tuesday, August 8th. Shore Capital reaffirmed a buy rating on shares of ASOS plc in a research report on Tuesday, August 8th. Finally, Deutsche Bank AG reaffirmed a hold rating and set a GBX 6,000 ($78.92) price target on shares of ASOS plc in a research report on Monday, October 2nd. One 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 currently has an average rating of Buy and an average price target of GBX 6,232.80 ($81.98).

ASOS plc (ASC) traded up GBX 79 ($1.04) during trading on Wednesday, hitting GBX 5,989 ($78.77). The stock had a trading volume of 496,725 shares, compared to its average volume of 519,862. ASOS plc has a 12 month low of GBX 4,574 ($60.16) and a 12 month high of GBX 6,497 ($85.45).

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In other ASOS plc news, insider Nicholas Robertson sold 150,000 shares of ASOS plc stock in a transaction 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). Also, insider Helen Jane Ashton sold 6,081 shares of ASOS plc stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of GBX 5,684 ($74.76), for a total transaction of £345,644.04 ($454,615.34).

About ASOS plc

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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