A statement released earlier today by JP Morgan Cazenove about ASOS Plc (LON:ASC) bumps the target price to 5,400.00GBX
- Updated: September 15, 2016
Only yesterday ASOS Plc (LON:ASC) traded 0.99% lower at 3,840.00GBX. ASOS Plc’s 50-day moving average is 4,642.46GBX and its 200-day average is 3,882.27GBX. With the last close down 16.40% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. Trading volume was was down over the average, with 378,683 shares of ASC changing hands under the typical 536,551 shares..
Stating a possible upside of 0.41%, JP Morgan Cazenove upped the target price of ASOS Plc (LON:ASC) to 5,400GBX
On 9/12/2016, Exane BNP Paribas released a statement on ASOS Plc(LON:ASC) kept the target price at 5,800.00GBX. At the time, this suggested an upside of 0.27%.
See Chart Below:
A total of 20 brokers have issued a ratings update on ASC. Six analysts rate the stock a strong buy, 11 firms rate the company a buy, five firms rate the stock a hold, two firms rate the company to underperform, and finally one brokeragerate the company as sell with a 12-month target stock price of 4,199.70GBX
With a market capitalization of 0.0 GBX, ASOS Plc has a 52 week low of 2,443.00GBX and a one-year high of 4,885.00GBX with a P/E ratio of 100.
About ASOS Plc (LON:ASC)
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. 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, and leg-length and shoe sizes.
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