ASOS plc 50.1% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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ASOS plc using EPIC/TICKER code (LON:ASC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. ASOS plc are listed in the Consumer Services sector within AIM. RBC Capital Markets have set a target price of 3300 GBX on its stock. This indicates the analyst now believes there is a potential upside of 50.1% from today’s opening price of 2199 GBX. Over the last 30 and 90 trading days the company share price has decreased 644 points and decreased 1722 points respectively. The 52 week high for the share price is currently at 6298 GBX while the 52 week low for the stock is 2033 GBX.

ASOS plc has a 50 day moving average of 3,085.14 GBX and a 200 day moving average of 3,675.91. There are currently 83,872,275 shares in issue with the average daily volume traded being 852,686. Market capitalisation for LON:ASC is £1,849,383,663 GBP.

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