Published On: Sun, Sep 18th, 2016

ASOS plc’s (ASC) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

ASOS plc (LON:ASC)‘s stock had its “outperform” rating restated by investment analysts at Royal Bank Of Canada in a report released on Monday.
Several other brokerages have also recently issued reports on ASC. BNP Paribas upped their price objective on shares of ASOS plc from GBX 4,800 ($63.93) to GBX 5,200 ($69.26) and gave the company an “outperform” rating in a research note on Monday, June 20th. Barclays PLC upped their price objective on shares of ASOS plc from GBX 4,500 ($59.94) to GBX 4,800 ($63.93) and gave the company an “overweight” rating in a research note on Wednesday, April 20th. Societe Generale reaffirmed a “buy” rating on shares of ASOS plc in a research note on Tuesday, June 28th. Nomura reaffirmed a “neutral” rating on shares of ASOS plc in a research note on Monday, April 11th. Finally, Credit Suisse Group AG reaffirmed a “buy” rating and set a GBX 4,400 ($58.60) price objective on shares of ASOS plc in a research note on Wednesday, April 13th. One analyst has rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the stock. ASOS plc presently has a consensus rating of “Hold” and an average price target of GBX 4,459.44 ($59.40).
ASOS plc (LON:ASC) opened at 4576.00 on Monday. The stock’s market capitalization is GBX 3.80 billion. ASOS plc has a 12 month low of GBX 2,443.00 and a 12 month high of GBX 4,885.00. The stock’s 50 day moving average is GBX 4,643.43 and its 200-day moving average is GBX 3,887.09.

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About ASOS plc
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 ASOS.com 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.

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