ASOS plc 10.7% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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ASOS plc using EPIC/TICKER code (LON:ASC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. ASOS plc are listed in the Consumer Services sector within AIM. JP Morgan Cazenove have set their target price at 3900 GBX on its stock. This would imply the analyst believes there is now a potential upside of 10.7% from today’s opening price of 3522 GBX. Over the last 30 and 90 trading days the company share price has increased 545 points and increased 2338.5 points respectively. The 1 year high share price is 3773 GBX while the year low stock price is currently 975.2 GBX.

ASOS plc has a 50 day moving average of 2,842.12 GBX and the 200 Day Moving Average price is recorded at 2,897.47. There are currently 99,764,802 shares in issue with the average daily volume traded being 476,168. Market capitalisation for LON:ASC is £3,497,753,958 GBP.

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