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ASOS plc 10% Potential Upside Indicated by Credit Suisse

ASOS plc with EPIC/TICKER (LON:ASC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. ASOS plc are listed in the Consumer Services sector within AIM. Credit Suisse have set a target price of 4100 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.0% from today’s opening price of 3728 GBX. Over the last 30 and 90 trading days the company share price has increased 513 points and increased 736 points respectively. The 1 year high share price is 6896 GBX while the year low share price is currently 2114 GBX.

ASOS plc has a 50 day moving average of 3,197.22 GBX and a 200 Day Moving Average share price is recorded at 4,632.61. There are currently 83,872,275 shares in issue with the average daily volume traded being 707,737. Market capitalisation for LON:ASC is £3,104,722,896 GBP.