Published On: Wed, Oct 19th, 2016

ASOS PLC (LON:ASC) Receives Overweight Rating From JP Morgan Analysts

ASOS PLC (LON:ASC) had its stock rating reiterated as ‘Overweight’ in a report released by analysts at JP Morgan.

JP Morgan today set a target price of 5400 on the company’s stock. According to the analyst this now indicates there is a potential increase of 3.01% from ASOS PLC’s current price of 5242.


Over the last twelve months ASOS PLC’s stock price has increased by 79.03% from 2928 to 5242.

There are currently 82,967,000 shares in issue with a current share value of 5242 giving ASOS PLC a market capitalisation of 4.35B GBp .

ASOS PLC (LON:ASC) has a 50 day moving average of 4819.47 and a 200 day moving average of 4177.6. The 52 week high for the share price is 5474 while the 52 week low for the stock is 2557.

ASOS Plc is a United Kingdom-based global online fashion destination .The Company sell cutting-edge fast fashion and offers a variety offashion-related content, making the hub of a thriving fashion community. It sell 75,000 branded and own-brand products through localized mobile and web experiences, delivering from United Kingdom(UK) hub to almost every country in the world. It tailors the mix of own-label, global and local brands sold through each of nine local language websites: UK, United States, France, Germany, Spain, Italy, Australia, Russia and China. It sell Womenswear products in sizes 2 to 28 and Menswear in sizes XXXS to XXXL, and have introduced an increased range of men’s waist, leg-length and shoe sizes.