Home » Reports » ASOS plc 71.8% Potential Upside Indicated by HSBC

ASOS plc 71.8% Potential Upside Indicated by HSBC

ASOS plc with EPIC/TICKER (LON:ASC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. ASOS plc are listed in the Consumer Services sector within AIM. HSBC have set a target price of 4500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 71.8% from the 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 52 week low for the share price is 2377 GBX.

ASOS plc has a 50 day moving average of 5,266.30 GBX and a 200 day moving average of 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.

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