ASOS plc 27.5% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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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 Goldman Sachs. ASOS plc are listed in the Consumer Services sector within AIM. Goldman Sachs have set a target price of 3800 GBX on its stock. This now indicates the analyst believes there is a possible upside of 27.5% from today’s opening price of 2980 GBX. Over the last 30 and 90 trading days the company share price has decreased 194 points and increased 466 points respectively. The 1 year high stock price is 4728 GBX while the 52 week low for the stock is 2033 GBX.

ASOS plc has a 50 day moving average of 3,144.03 GBX and the 200 Day Moving Average price is recorded at 3,063.57. There are currently 83,941,623 shares in issue with the average daily volume traded being 367,038. Market capitalisation for LON:ASC is £2,542,287,431 GBP.

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