ASOS plc 46.1% Potential Upside Indicated by Investec

Broker Ratings

ASOS plc using EPIC/TICKER code (LON:ASC) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Investec. ASOS plc are listed in the Consumer Services sector within AIM. Investec have set their target price at 4820 GBX on its stock. This indicates the analyst now believes there is a potential upside of 46.1% from today’s opening price of 3300 GBX. Over the last 30 and 90 trading days the company share price has increased 960 points and increased 400 points respectively. The 1 year high stock price is 3773 GBX while the year low stock price is currently 975.2 GBX.

ASOS plc has a 50 day moving average of 2,382.33 GBX and a 200 day moving average of 2,847.50. There are currently 99,764,802 shares in issue with the average daily volume traded being 503,016. Market capitalisation for LON:ASC is £3,286,252,577 GBP.

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