Key Investment Analysts at Liberum Capital Maintain their ‘”Buy”’ rating for ASOS Plc (LON:ASC) Shares Today. Their Target Provided Is GBX 3700.00


ASOS Plc (LON:ASC) Rating Reaffirmed

The brokerage has just set a target price per share of GBX 3700.00 on ASOS Plc (LON:ASC) shares. This is 3.93% from the previous stock close. In an interesting research report issued to investors and clients on Thursday, 3 December, Liberum Capital reconfirmed their “Buy” rating on shares of ASC.

From a total of 23 analysts covering ASOS Plc (LON:ASC) stock, 15 rate it a ”Buy”, 3 a “Sell”, and 8 a ”Hold”. This means that 58% of the ratings are positive. The highest target price is GBX 5050 while the lowest target price is GBX 1800. The mean of all analyst targets is GBX 3759.13 with a 7.41% above today’s (GBX 3529) stock price. ASOS Plc was the topic of 41 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 30 with “Buy” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 3800 target share price in a report from an October 22. Shore Capital maintained ASC stock in a recent report from November 12 with “Buy” rating. Nomura maintained the rating on October 21. Nomura has a “Neutral” rating and a GBX 3110 price target on shares. Finally, Canaccord Genuity maintained the stock with “Hold” rating in a report issued on an October 28.

Approximately 67,228 shares of stock traded hands. ASOS plc (LON:ASC) has declined 4.40% since May 6, 2015 and is downtrending. It has underperformed by 4.11% the S&P500.

Key Investment Analysts at Liberum Capital Maintain their ‘

ASOS Plc is a United Kingdom-based global online fashion destination .The Firm sell cutting-edge fast fashion and offers a variety offashion-related content, making the hub of a thriving fashion community. The company has a market cap of 3.02 billion GBP. It sell 75,000 branded and own-brand products through localized mobile and web experiences, delivering from United Kingdom hub to almost every country in the world. It has 79.49 P/E ratio. 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.

According to Zacks Investment Research, “Ardmore Shipping Corporation engages in the ownership and operation of product and chemical tankers. It provides shipping services to customers through voyage charters, commercial pools, and time charters. The Company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies. Ardmore Shipping Corporation is based in Mahon, Ireland.” Get a free copy of the Zacks research report on ASOS plc (ASC).