ASOS plc’s (LON:ASC) “Buy” Rating Reiterated at Beaufort Securities

Beaufort Securities reissued their buy rating on shares of ASOS plc (LON:ASC) in a report published on Friday, July 14th.

Other research analysts have also recently issued reports about the company. Shore Capital reaffirmed a buy rating on shares of ASOS plc in a research report on Tuesday, April 4th. Numis Securities Ltd reaffirmed a buy rating and set a GBX 7,250 ($94.41) price objective on shares of ASOS plc in a research report on Tuesday, April 4th. Liberum Capital reaffirmed a buy rating and set a GBX 5,900 ($76.83) price objective on shares of ASOS plc in a research report on Tuesday, April 4th. Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and set a GBX 5,800 ($75.53) price objective on shares of ASOS plc in a research report on Sunday, March 26th. Finally, Citigroup Inc. reissued a buy rating and set a GBX 7,000 ($91.16) price target on shares of ASOS plc in a research report on Wednesday, May 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. ASOS plc currently has an average rating of Buy and an average price target of GBX 6,192.35 ($80.64).

Shares of ASOS plc (LON:ASC) opened at 5786.00 on Friday. The stock’s 50 day moving average price is GBX 5,788.95 and its 200 day moving average price is GBX 5,771.02. ASOS plc has a one year low of GBX 4,069.00 and a one year high of GBX 6,497.00. The firm’s market capitalization is GBX 4.80 billion.

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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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