Published On: Wed, Oct 19th, 2016

Deutsche Bank Indicates Potential -9.39% Decrease In Shares Of ASOS Plc

On Wednesday Deutsche Bank reiterated its broker consensus on shares of ASOS Plc (LON:ASC) giving the company a ‘Hold’ rating.

Deutsche Bank gave shares of ASOS Plc a price target of 4750 indicating a potential decrease of -9.39% from ASOS Plc’s current price of 5242.


In the prior 12 months ASOS Plc’s stock price has increased by 79.03% from 2928 to 5242.

ASOS Plc has 82,967,000 shares in issue which have a share price of 5242 giving ASOS Plc a market capitalisation of 4.35B GBp .

The 52 week high of ASOS Plc’s shares is 5474 whilst the 52 week low for the company’s shares is 2557. The 50 day moving average of LON:ASC is 4819.47 and the 200 day moving average is 4177.6.

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.