Todays Report: Today, ASOS plc (ASC) Price Target Raised to GBX 6,500

Today, ASOS plc (ASC) Price Target Raised to GBX 6,500

ASOS plc (LON:ASC) had its price target upped by Berenberg Bank from GBX 5,100 ($63.27) to GBX 6,500 ($80.64) in a research report report published on Thursday morning. They currently have a buy rating on the stock.

Several other equities analysts have also issued reports on the company. Royal Bank Of Canada reaffirmed an outperform rating on shares of ASOS plc in a research note on Monday, August 1st. BNP Paribas reaffirmed a neutral rating on shares of ASOS plc in a research note on Tuesday, August 2nd. HSBC reaffirmed a hold rating and set a GBX 4,550 ($56.44) price target on shares of ASOS plc in a research note on Wednesday, August 10th. Liberum Capital reaffirmed a buy rating and set a GBX 4,800 ($59.55) price target on shares of ASOS plc in a research note on Thursday, August 11th. Finally, Goldman Sachs Group Inc. reaffirmed a neutral rating and set a GBX 5,100 ($63.27) price target on shares of ASOS plc in a research note on Friday, August 19th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company. The stock has an average rating of Buy and an average price target of GBX 5,007.89 ($62.12).

ASOS plc (LON:ASC) opened at 5123.00 on Thursday. ASOS plc has a 1-year low of GBX 2,557.00 and a 1-year high of GBX 5,500.00. The firm’s 50-day moving average price is GBX 5,107.36 and its 200 day moving average price is GBX 4,473.27. The stock’s market cap is GBX 4.25 billion.

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