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ASOS plc 33.6% Potential Upside Indicated by Jefferies International

ASOS plc using EPIC/TICKER code (LON:ASC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. ASOS plc are listed in the Consumer Services sector within AIM. Jefferies International have set a target price of 3500 GBX on its stock. This is indicating the analyst believes there is a potential upside of 33.6% from today’s opening price of 2619 GBX. Over the last 30 and 90 trading days the company share price has decreased 2169 points and decreased 3159 points respectively. The 1 year high stock price is 7770 GBX while the year low share price is currently 2377 GBX.

ASOS plc has a 50 day moving average of 5,266.30 GBX and the 200 Day Moving Average price is recorded at 6,102.49. There are currently 83,872,275 shares in issue with the average daily volume traded being 826,091. Market capitalisation for LON:ASC is £2,249,269,716 GBP.