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ASOS plc 26.9% Potential Upside Indicated by Macquarie

ASOS plc with EPIC/TICKER (LON:ASC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Macquarie. ASOS plc are listed in the Consumer Services sector within AIM. Macquarie have set their target price at 7000 GBX on its stock. This indicates the analyst now believes there is a potential upside of 26.9% from the opening price of 5514 GBX. Over the last 30 and 90 trading days the company share price has decreased 201 points and decreased 225 points respectively. The 1 year high stock price is 6497 GBX while the year low stock price is currently 4574 GBX.

ASOS plc has a 50 day moving average of 5,882.31 GBX and the 200 Day Moving Average price is recorded at 5,829.59. There are currently 83,429,872 shares in issue with the average daily volume traded being 336,700. Market capitalisation for LON:ASC is £4,532,744,946 GBP.

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