Several other brokerages have also recently commented on ASC. Berenberg Bank increased their price target on shares of ASOS from GBX 6,800 ($93.95) to GBX 8,300 ($114.67) and gave the stock a buy rating in a research report on Thursday, February 22nd. Goldman Sachs Group increased their price target on shares of ASOS from GBX 6,100 ($84.28) to GBX 7,300 ($100.86) and gave the stock a neutral rating in a research report on Tuesday, January 30th. Royal Bank of Canada reaffirmed an outperform rating and set a GBX 8,100 ($111.91) price target on shares of ASOS in a research report on Wednesday, February 21st. Liberum Capital reaffirmed a buy rating and set a GBX 8,000 ($110.53) price target on shares of ASOS in a research report on Friday, February 2nd. Finally, Deutsche Bank cut shares of ASOS to a hold rating and set a GBX 7,400 ($102.24) price target on the stock. in a research report on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of GBX 7,087 ($97.91).
Shares of ASOS (ASC) traded up GBX 4 ($0.06) during mid-day trading on Monday, hitting GBX 7,514 ($103.81). 143,175 shares of the stock traded hands, compared to its average volume of 297,768. ASOS has a twelve month low of GBX 58.29 ($0.81) and a twelve month high of GBX 7,688 ($106.22). The company has a market capitalization of $6,280.00 and a PE ratio of 9,886.84.
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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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