ASOS.com (LON:ASC)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank in a report released on Thursday.
Several other research analysts have also recently commented on the company. Jefferies Group raised ASOS.com to a “buy” rating and raised their target price for the stock from GBX 5,000 ($70.67) to GBX 9,000 ($127.21) in a research report on Tuesday, February 27th. Royal Bank of Canada raised their target price on ASOS.com from GBX 6,900 ($97.53) to GBX 7,400 ($104.59) and gave the stock an “outperform” rating in a research report on Thursday, December 21st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,800 ($96.11) target price on shares of ASOS.com in a research report on Monday, December 18th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 8,200 ($115.90) target price on shares of ASOS.com in a research report on Monday, February 26th. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 8,000 ($113.07) target price on shares of ASOS.com in a research report on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the stock. ASOS.com presently has a consensus rating of “Buy” and a consensus target price of GBX 7,217.89 ($102.02).
Shares of ASC stock opened at GBX 6,298 ($89.02) on Thursday. ASOS.com has a one year low of GBX 58.29 ($0.82) and a one year high of GBX 7,770 ($109.82).
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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