Rating Worth Mentioning Today: What To Expect After ASOS PLC (ADR) (OTC:ASOMF)’s Upgrade Rating From Goldman Sachs?

November 28, 2016 - By olga

Rating Worth Mentioning Today:  What To Expect After ASOS PLC (ADR) (OTC:ASOMF)'s Upgrade Rating From Goldman Sachs?

ASOS PLC (ADR) (OTC:ASOMF) Upgrade

Goldman Sachs upgraded the shares of ASOS PLC (ADR) (OTC:ASOMF) from a “Neutral” rating to “Buy” rating in a an analyst report published on Monday, 28 November.

ASOS PLC ORD GBP0.035 (OTCMKTS:ASOMF) Ratings Coverage

Out of 5 analysts covering ASOS PLC (ADR) (OTC:ASOMF), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. ASOS PLC (ADR) has been the topic of 6 analyst reports since September 24, 2015 according to StockzIntelligence Inc. Credit Suisse initiated the shares of ASOMF in a report on Friday, October 21 with “Neutral” rating. The stock has “Buy” rating given by Liberum Capital on Thursday, September 24. Numis Securities upgraded the stock to “Buy” rating in Tuesday, October 20 report. Investec upgraded ASOS PLC ORD GBP0.035 (OTCMKTS:ASOMF) on Wednesday, October 21 to “Hold” rating. The rating was initiated by Credit Suisse with “Neutral” on Friday, September 23. The firm has “Outperform” rating given on Tuesday, September 20 by Macquarie Research.

It is down 59.48% since April 25, 2016 and is uptrending. It has outperformed by 53.46% the S&P500.

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