Shares of ASOS Plc ( LON:ASC – Get Free Report ) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 436.50 and last traded at GBX 427.50, with a volume of 115960 shares changing hands. The stock had previously closed at GBX 421.50.
Analysts Set New Price Targets A number of analysts have issued reports on ASC shares. JPMorgan Chase & Co. lifted their price target on ASOS from GBX 285 to GBX 330 and gave the stock a “neutral” rating in a report on Thursday, July 2nd. Royal Bank Of Canada upped their price target on shares of ASOS from GBX 275 to GBX 400 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 600 price target on shares of ASOS in a research note on Thursday, August 27th. Finally, Shore Capital Group lifted their target price on ASOS from GBX 420 to GBX 520 and gave the company a “buy” rating in a research note on Thursday, August 27th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, ASOS has an average rating of “Moderate Buy” and an average tar...