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ASOS plc 15.3% Potential Upside Indicated by RBC Capital Markets

ASOS plc using EPIC/TICKER code (LON:ASC) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. ASOS plc are listed in the Consumer Services sector within AIM. RBC Capital Markets have set a target price of 4300 GBX on its stock. This now indicates the analyst believes there is a possible upside of 15.3% 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 52 week high for the share price is currently at 6896 GBX while the 52 week low for the share price is 2114 GBX.

ASOS plc has a 50 day moving average of 3,197.22 GBX and a 200 day moving average of 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.