ASOS (ASOMY) Raised to Buy at Zacks Investment Research
Zacks Investment Research upgraded shares of ASOS (OTCMKTS:ASOMY) from a hold rating to a buy rating in a report released on Thursday morning. The brokerage currently has $111.00 target price on the stock.
According to Zacks, “ASOS Plc is an online fashion destination. It offers branded and own-branded product lines, including womenswear and menswear, footwear, accessories, jewelry and beauty and grooming products primarily through its Website, asos.com. The company operates primarily in the United Kingdom, France, Germany, Italy, Spain, Australia, the United States, Russia and China. ASOS Plc is based in London, United Kingdom. “
Separately, Deutsche Bank upgraded ASOS from a hold rating to a buy rating in a report on Tuesday, January 2nd.
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ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, and the Russian Federation. The company offers a range of clothing products, including womenswear and menswear, footwear, and accessories, as well as jewelry and beauty collections.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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