ASOS plc 61.0% potential upside indicated by Berenberg Bank

ASOS plc with ticker (LON:ASC) now has a potential upside of 61.0% according to Berenberg Bank.



Berenberg Bank set a target price of 5,500 GBX for the company, which when compared to the ASOS plc share price of 2,147 GBX at opening today (12/01/2022) indicates a potential upside of 61.0%. Trading has ranged between 1,971 (52 week low) and 5,995 (52 week high) with an average of 503,781 shares exchanging hands daily. The market capitalisation at the time of writing is £2,238,660,704.

ASOS Plc is a United Kingdom-based online retail company. The Company sells and offers a range of fashion-related content on ASOS.com. The Company’s segments include UK, US, EU and RoW. The Company and its subsidiaries sell products across the world and has websites across United Kingdom, United States of America, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland and Russia. The Company offers approximately 90,000 products. The Company’s brands include ASOS DESIGN, ASOS EDITION, ASOS 4505, AsYou, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. It offers separate clothing ranges, spanning women’s wear and menswear, footwear and accessories, alongside its jewelry and beauty collections. The Company caters a range of customer segments and sizes, across all categories and price points. The Company offers local delivery and returns options, dispatched from centres in the United Kingdom, United States of America and Germany.