Macquarie disclosed ASOS Plc (LON:ASC), hiking its stock price target to 5,700.00GBX earlier today
- Updated: September 19, 2016
Showing a price of 4,709.00GBX, ASOS Plc (LON:ASC) traded 2.36% higher on the day. With the last stock close up 20.94% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same time. ASOS Plc has been tracking to a 50-day average of 4,648.94GBX and 200-day average of 3,910.05GBX. Volume of trade was was down over the average, with 62,244 shares of ASC changing hands under the typical 536,985 shares.
In a statement issued on 9/20/2016 Macquarie increased the target price of ASOS Plc (LON:ASC) from 0GBX to 5,700GBX indicating a possible upsideof 0.21%.
On Friday September 16 2016, JP Morgan Cazenove released a statement for ASOS Plc(LON:ASC) bumped the target price from 4,550.00GBX to 5,400.00GBX. At the time, this suggested an upside of 0.41%.
Recent Performance Chart:
A total of 20 firms have released a ratings update on the stock. Six firms rate the company a strong buy, 11 analysts rate the company a buy, five analyts rate the company a hold, two analysts rate the company to underperform, and lastly one analystrate the stock as sell with an average target price of 4,199.70GBX
ASOS Plc has a one-year low of 2,443.00GBX and a one-year high of 4,885.00GBX with a P/E ratio of 105. The company’s market cap is currently 0.0 GBX.
More 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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