Zacks Investment Research upgraded shares of ASOS.com (OTCMKTS:ASOMY) from a hold rating to a buy rating in a report released on Tuesday morning. They currently have $111.00 price objective on the stock.
According to Zacks, “ASOS Plc is an online fashion destination. It offers branded and own-branded product lines, including womenswear and menswear, footwear, accessories, jewelry and beauty and grooming products primarily through its Website, asos.com. The company operates primarily in the United Kingdom, France, Germany, Italy, Spain, Australia, the United States, Russia and China. ASOS Plc is based in London, United Kingdom. “
Separately, Deutsche Bank upgraded ASOS.com from a hold rating to a buy rating in a research report on Tuesday, January 2nd.
ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, and the Russian Federation. The company offers womenswear, menswear, and sportswear products. It sells approximately 85,000 branded and own-labeled products primarily through its Website, asos.com, as well as through social media platforms and magazines.
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