ASOS (ASC) Stock Forecast & Price Target

GBX 365.20

+0.60 (+0.16%)

(As of 07/26/2024 ET)

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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

Hold
Based on 7 Analyst Ratings

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 Forecast	GBX 550
Average Forecast	GBX 443.33
Low Forecast	GBX 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 21.39% from the current price of GBX 365.20.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
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 Target	GBX 443.33	GBX 443.33	GBX 466.25	GBX 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.

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.

ASOS Stock vs. The Competition

Type	ASOS	Consumer Cyclical Companies
Consensus Rating Score	2.14	2.50
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/18/2024	JPMorgan Chase & Co. 3 of 5 stars		Lower Target	Neutral	GBX 350 ➝ GBX 300	-17.02%
4/18/2024	Jefferies Financial Group 2 of 5 stars		Reiterated Rating	Hold	GBX 375	+3.72%
4/18/2024	Barclays 2 of 5 stars		Reiterated Rating	Equal Weight
4/18/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	GBX 500	+38.73%
4/17/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	GBX 510 ➝ GBX 490	+38.84%
4/17/2024	Shore Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sell
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9/26/2023	Peel Hunt Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold	GBX 550	+45.12%
5/26/2023	Liberum Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold	GBX 500 ➝ GBX 470	+15.76%
5/19/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Buy	GBX 780 ➝ GBX 600	+34.50%
2/21/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Richard Edwards Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 1,050	+27.81%
1/26/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Sherri Malek Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 950	+18.75%
1/13/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Simon Irwin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 680	-8.79%
1/12/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Sreedhar Mahamkali Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 660	-6.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:07 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 equities research analysts have issued "buy," "hold," and "sell" ratings for ASOS in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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.
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.