ASOS (LON:ASC) Stock Price Target Raised at Deutsche Bank Aktiengesellschaft

ASOS (LON:ASC) had its price objective upped by Deutsche Bank Aktiengesellschaft from GBX 450 to GBX 490 in a report released on Friday,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 750 price objective on shares of ASOS in a research report on Thursday. Shore Capital Group reaffirmed a “buy” rating and set a GBX 520 target price on shares of ASOS in a research note on Thursday. Finally, Royal Bank Of Canada upped their price target on shares of ASOS from GBX 275 to GBX 400 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 453.57.

ASOS Price Performance

ASOS stock traded up GBX 2 during midday trading on Friday, reaching GBX 416.50. The company’s stock had a trading volume of 622,762 shares, compared to its average volume of 4,075,503. The company has a current ratio of 0.95, a quick ratio of 0.39 and a debt-to-equity ratio of 855.63. The stock has a market cap of £498.34 million, a PE ratio of -2.16, a price-to-earnings-growth ratio of -1.26 and a beta of 2.32. ASOS has a 52 week low of GBX 206.50 and a 52 week high of GBX 517. The business has a 50-day moving average price of GBX 443.17 and a 200-day moving average price of GBX 327.50.

ASOS (LON:ASC) last posted its earnings results on Thursday, November 5th. The company reported GBX 41.60 EPS for the quarter. ASOS had a negative net margin of 10.10% and a negative return on equity of 155.17%. The firm had revenue of GBX 224.56 billion during the quarter. On average, sell-side analysts predict that ASOS will post 12.42 EPS for the current year.

Trending Headlines about ASOS

Here are the key news stories impacting ASOS this week:

• Positive Sentiment: ASOS swung to an annual pre-tax profit as its turnaround strategy began to show results. Quarterly sales returned to growth, while FY2026 EBITDA rose 29% to £170.3 million. The company also provided FY2027 guidance. ASOS Swings To Annual Pre-tax Profit, Provides FY27 Guidance
• Positive Sentiment: Deutsche Bank upgraded ASOS to “buy” and raised its price target to GBX 490 from GBX 450, citing the company’s recovery. Shore Capital and Berenberg also reaffirmed “buy” ratings, with targets of GBX 520 and GBX 750, respectively. ASOS recovery prompts Deutsche Bank upgrade, but Panmure Liberum remains cautious
• Neutral Sentiment: Deutsche Bank’s more positive stance is not shared across the market: Panmure Liberum remains cautious, highlighting mixed analyst expectations for the recovery. ASOS recovery prompts Deutsche Bank upgrade, but Panmure Liberum remains cautious
• Negative Sentiment: A cyberattack disrupted trading and weighed on the business, presenting a near-term headwind even as sales and margins improved. ASOS returns to growth as annual losses narrow and cyberattack disruption weighs on trading

About ASOS

ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.