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ASOS plc 18.7% Potential Upside Indicated by Liberum Capital

ASOS plc using EPIC/TICKER code (LON:ASC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. ASOS plc are listed in the Consumer Services sector within AIM. Liberum Capital have set their target price at 8000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 18.7% from today’s opening price of 6738 GBX. Over the last 30 and 90 trading days the company share price has decreased 100 points and increased 1125 points respectively. The 1 year high share price is 7524 GBX while the 52 week low for the share price is 58.29 GBX.

ASOS plc has a 50 day moving average of 6,774.96 GBX and a 200 Day Moving Average share price is recorded at 6,154.26. There are currently 83,629,768 shares in issue with the average daily volume traded being 277,977. Market capitalisation for LON:ASC is £5,686,824,224 GBP.