ASC has been the subject of several other reports. Morgan Stanley lowered shares of ASOS to an underweight rating and decreased their price objective for the stock from GBX 5,170 ($70.11) to GBX 5,000 ($67.81) in a report on Friday, December 8th. Credit Suisse Group upped their price objective on shares of ASOS from GBX 5,600 ($75.94) to GBX 5,725 ($77.64) and gave the stock a neutral rating in a report on Monday, November 13th. Shore Capital restated a buy rating on shares of ASOS in a report on Wednesday, October 11th. Peel Hunt restated a buy rating and issued a GBX 7,000 ($94.93) price objective on shares of ASOS in a report on Wednesday, November 29th. Finally, Deutsche Bank reiterated a hold rating and issued a GBX 5,800 ($78.65) price target on shares of ASOS in a research note on Friday, December 8th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of GBX 6,591.13 ($89.38).
ASOS (LON ASC) opened at GBX 7,470 ($101.30) on Friday. ASOS has a 1-year low of GBX 58.29 ($0.79) and a 1-year high of GBX 7,470 ($101.30). The company has a market cap of $6,250.00 and a price-to-earnings ratio of 9,828.95.
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ASOS 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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