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ASOS plc 24.8% Potential Upside Indicated by RBC Capital Markets

ASOS plc with EPIC/TICKER (LON:ASC) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘OUTPERFORM’ this morning 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 3200 GBX on its stock. This is indicating the analyst believes there is a potential upside of 24.8% from the opening price of 2565 GBX. Over the last 30 and 90 trading days the company share price has decreased 2223 points and decreased 3257 points respectively. The 52 week high for the share price is currently at 7770 GBX while the 52 week low for the stock is 2377 GBX.

ASOS plc has a 50 day moving average of 5,212.98 GBX and the 200 Day Moving Average price is recorded at 6,077.59. There are currently 83,872,275 shares in issue with the average daily volume traded being 875,399. Market capitalisation for LON:ASC is £2,074,014,338 GBP.