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Shore Capital Keeps a Buy Rating on Asos (LON:ASC)

Shore Capital Analyst Rating Change Asos LON:ASC

Asos (LON:ASC) Rating Kept

Asos (LON:ASC) Stock Buy was reaffirmed by Shore Capital in a research report made public on Thursday, 30 June.

LON:ASC is right now trading 4.14% higher at GBX 3924.00 as of 09:11 London time. Asos’s stock is up 46.05% over the past 200 days. It has outperformed the S&P500, which has surged 6.03% over the same time period.

Out of 20 brokers covering Asos, 17 rate it a Buy, 5 indicate a Hold while 3 suggest a Sell. The highest target is GBX 5919 and the lowest is GBX 2200 according to Thomson/First Call. The 12-month mean target is GBX 4134.7, which means upside potential of 5.37% over the current price.

LON:ASC Price Chart & Trend

The stock price of Asos went up 46.05% over the last 200 days, and is in mighty up trend. In the last 50 and 100 days, Asos is down 2.36% and up 39.04%, respectively. Our stocks momentum model is shown on the price chart below.Shore Capital Keeps a Buy Rating on Asos (LON:ASC)

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

ASC Stock Chart

Asos (LON:ASC) Profile

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 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.

Asos (LON:ASC) traded up 4.14% on 30 June, hitting GBX 3924. A total of 145,404 shares of the company’s stock traded hands. This is down from average of 656,995 shares. Asos has a 52 week low of GBX 2443.00 and a 52 week high of GBX 3980. The company has a market cap of 3.27B GBX and a P/E ratio of 86.92.

Get the latest Asos (LON:ASC) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Shore Capital Keeps a Buy Rating on Asos (LON:ASC) appeared first on Octafinance.

This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Shore Capital Keeps a Buy Rating on Asos (LON:ASC)


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