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ASOS (ASC) Stock Forecast & Price Target

GBX 365
0.00 (0.00%)
(As of 11:53 AM ET)

ASOS - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for ASOS in the last 12 months, the stock has a consensus rating of "Hold." Out of the 7 analysts, 1 has given a sell rating, 4 have given a hold rating, and 2 have given a buy rating for ASC.

Consensus Price Target

GBX 443.33
High ForecastGBX 550
Average ForecastGBX 443.33
Low ForecastGBX 300

According to the 7 analysts' twelve-month price targets for ASOS, the average price target is GBX 443.33. The highest price target for ASC is GBX 550, while the lowest price target for ASC is GBX 300. The average price target represents a forecasted upside of 21.46% from the current price of GBX 365.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetGBX 443.33GBX 443.33GBX 466.25GBX 788.64
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ASC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ASC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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ASOS Stock vs. The Competition

TypeASOSConsumer Cyclical Companies
Consensus Rating Score
2.14
2.50
Consensus RatingHoldModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/18/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutralGBX 350 ➝ GBX 300-17.02%
4/18/2024Jefferies Financial Group
2 of 5 stars
 Reiterated RatingHoldGBX 375+3.72%
4/18/2024Barclays
2 of 5 stars
 Reiterated RatingEqual Weight
4/18/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuyGBX 500+38.73%
4/17/2024Berenberg Bank
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 Lower TargetBuyGBX 510 ➝ GBX 490+38.84%
4/17/2024Shore Capital
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 Reiterated RatingSell
9/26/2023Peel Hunt
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 Reiterated RatingHoldGBX 550+45.12%
5/26/2023Liberum Capital
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 UpgradeHoldGBX 500 ➝ GBX 470+15.76%
5/19/2023Citigroup
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 UpgradeBuyGBX 780 ➝ GBX 600+34.50%
2/21/2023The Goldman Sachs Group
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Richard Edwards
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Set TargetGBX 1,050+27.81%
1/26/2023Royal Bank of Canada
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Sherri Malek
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Set TargetGBX 950+18.75%
1/13/2023Credit Suisse Group
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Simon Irwin
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Set TargetGBX 680-8.79%
1/12/2023UBS Group
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Sreedhar Mahamkali
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Set TargetGBX 660-6.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:51 PM ET.

ASC Forecast - Frequently Asked Questions

What is ASOS's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for ASOS is GBX 443.33, with a high forecast of GBX 550 and a low forecast of GBX 300.

Should I buy or sell ASOS stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ASOS in the last year. There is currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ASC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASC, but not buy additional shares or sell existing shares.

Does ASOS's stock price have much upside?

According to analysts, ASOS's stock has a predicted upside of 21.28% based on their 12-month stock forecasts.

What analysts cover ASOS?

ASOS has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, and JPMorgan Chase & Co. in the past 90 days.

Do Wall Street analysts like ASOS more than its competitors?

Analysts like ASOS less than other "consumer cyclical" companies. The consensus rating for ASOS is Hold while the average consensus rating for "consumer cyclical" companies is Moderate Buy. Learn more on how ASC compares to other companies.


This page (LON:ASC) was last updated on 7/17/2024 by MarketBeat.com Staff

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