ASOS Plc (LON:ASC) had its target price lifted by Credit Suisse Group AG from GBX 5,600 ($73.66) to GBX 5,725 ($75.30) in a research note published on Monday morning. Credit Suisse Group AG currently has a neutral rating on the stock.
A number of other equities analysts have also recently issued reports on ASC. Deutsche Bank AG restated a hold rating and set a GBX 6,000 ($78.92) target price on shares of ASOS Plc in a report on Friday, September 8th. Barclays PLC restated an overweight rating and set a GBX 6,670 ($87.73) target price on shares of ASOS Plc in a report on Tuesday, August 1st. Peel Hunt restated a buy rating and set a GBX 7,000 ($92.07) target price on shares of ASOS Plc in a report on Friday, September 15th. restated a hold rating and set a GBX 6,250 ($82.20) target price on shares of ASOS Plc in a report on Friday, July 21st. Finally, Macquarie restated an outperform rating and set a GBX 7,000 ($92.07) target price on shares of ASOS Plc in a report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of GBX 6,241.13 ($82.09).
Shares of ASOS Plc (LON ASC) traded up GBX 78 ($1.03) during mid-day trading on Monday, reaching GBX 5,692 ($74.87). The company had a trading volume of 342,901 shares, compared to its average volume of 570,928. ASOS Plc has a 1 year low of GBX 4,574 ($60.16) and a 1 year high of GBX 6,497 ($85.45).
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In other ASOS Plc news, insider Helen Jane Ashton sold 6,081 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of GBX 5,684 ($74.76), for a total value of £345,644.04 ($454,615.34). Also, insider Nicholas Robertson sold 150,000 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of GBX 5,662 ($74.47), for a total value of £8,493,000 ($11,170,590.56).
About ASOS Plc
Asos PLC is a global fashion destination for a range of things. The Company sells and offers a range of fashion-related content on ASOS.com. The Company’s segments include UK, US, EU and RoW. It sells over 85,000 branded and own-label products through localized mobile and Web experiences, delivering from its fulfilment centers in the United Kingdom, the United States, Europe and across the world.
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