ASOS plc 19.7% Potential Upside Indicated by Credit Suisse

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 ‘OUTPERFORM’ this morning by analysts at Credit Suisse. ASOS plc are listed in the Consumer Services sector within AIM. Credit Suisse have set a target price of 4100 GBX on its stock. This indicates the analyst now believes there is a potential upside of 19.7% from today’s opening price of 3426 GBX. Over the last 30 and 90 trading days the company share price has increased 150 points and increased 1061 points respectively. The 52 week high for the share price is currently at 3773 GBX while the 52 week low for the share price is 975.2 GBX.

ASOS plc has a 50 day moving average of 3,250.42 GBX and a 200 Day Moving Average share price is recorded at 2,984.94. There are currently 99,764,802 shares in issue with the average daily volume traded being 469,054. Market capitalisation for LON:ASC is £3,494,761,014 GBP.

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