ASOS Plc reiterated as Overweight By JP Morgan Cazenove
In an analyst rating update on Wednesday shares of ASOS Plc (LON:ASC) had their rating reiterated by analysts at JP Morgan Cazenove.
The broker said it has now set a ‘Overweight’ rating on shares of ASOS Plc with a price target of 6000. The price target according to the broker shows a possible increase of 7.53% from the current stock price of 5580.
The companies 50 day moving average is 5719.17 and its 200 day moving average is 5260.42. The 52 week high ASOS Plc’s shares have peaked at is 6147 whilst the 52 week low for the company’s shares is 3303.
ASOS Plc has 82,986,000 shares which are currently outstanding with a price of 5580 calculating ASOS Plc’s market capitalisation to 4.63B GBp .
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