ASOS plc 18.2% Potential Upside Indicated by RBC Capital Markets

Broker Ratings

ASOS plc using EPIC/TICKER code (LON:ASC) has had its stock rating noted as ‘Reiterates’ 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 their target price at 3900 GBX on its stock. This indicates the analyst now believes there is a potential upside of 18.2% from today’s opening price of 3300 GBX. Over the last 30 and 90 trading days the company share price has increased 726 points and increased 1101 points respectively. The 1 year high for the stock price is 6152 GBX while the 52 week low for the stock is 2033 GBX.

ASOS plc has a 50 day moving average of 2,567.06 GBX and the 200 Day Moving Average price is recorded at 3,027.70. There are currently 83,872,275 shares in issue with the average daily volume traded being 709,148. Market capitalisation for LON:ASC is £2,831,528,004 GBP.

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