Trade Report: Today: Asos Plc (ASOMF) Upgrade to “Buy” by Goldman Sachs Group Inc.

Today: Asos Plc (ASOMF) Upgrade to “Buy” by Goldman Sachs Group Inc.

Asos Plc (OTCMKTS:ASOMF) was upgraded by equities research analysts at Goldman Sachs Group Inc. from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, StockTargetPrices.com reports.

Several other brokerages also recently issued reports on ASOMF. Macquarie started coverage on shares of Asos Plc in a research report on Tuesday, September 20th. They set an “outperform” rating on the stock. Credit Suisse Group AG assumed coverage on shares of Asos Plc in a research report on Friday, October 21st. They set a “neutral” rating on the stock. Finally, RBC Capital Markets restated an “outperform” rating on shares of Asos Plc in a research report on Monday, August 1st. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Buy”.

Shares of Asos Plc (OTCMKTS:ASOMF) remained flat at $61.00 on Monday. The company has a market capitalization of $5.07 billion and a PE ratio of 168.98. Asos Plc has a 1-year low of $52.25 and a 1-year high of $62.75. The company’s 50-day moving average is $62.55 and its 200 day moving average is $56.25.

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