ASOS plc 9% Potential Decrease Indicated by Jefferies International

Broker Ratings
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ASOS plc using EPIC/TICKER code (LON:ASC) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Jefferies International. ASOS plc are listed in the Consumer Services sector within AIM. Jefferies International have set a target price of 2000 GBX on its stock. This would imply the analyst believes there is a potential downside of -9.0% from today’s opening price of 2197 GBX. Over the last 30 and 90 trading days the company share price has decreased 564 points and decreased 1439 points respectively. The 1 year high stock price is 6256 GBX while the 52 week low for the stock is 2033 GBX.

ASOS plc has a 50 day moving average of 2,735.97 GBX and a 200 Day Moving Average share price is recorded at 3,385.14. There are currently 83,872,275 shares in issue with the average daily volume traded being 824,849. Market capitalisation for LON:ASC is £1,838,480,268 GBP.

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