Broker tips: Just Group, Asos, Marshalls
10th May 2023 08:11
(Sharecast News) - JPMorgan Cazenove lifted its price target on Just Group on Wednesday to 125p from 115p to reflect higher new business sales forecasts, and a valuation roll-forward.
Read moreASOS losses widen as cost of living crisis bites
10th May 2023 07:19
(Sharecast News) - ASOS shares slumped after the fast fashion retailer reported wider interim losses as shoppers continued to tighten their belts amid the cost of living crisis, even though the company said it was confident of a return to profit in the second half.
Read moreLiberum lifts Asos price target, maintains 'sell' rating
25th Apr 2023 08:21
(Sharecast News) - Liberum lifted its price target on Asos on Tuesday to 700p from 500p and maintained its 'sell' rating as it sees "significant" risks in the strategy outlined by the group to improve profitability and remains unconvinced it will be able to fully deliver on those promises.
Read moreShortseller ShadowFall targets Asos - report
24th Apr 2023 10:18
(Sharecast News) - Fast fashion firm Asos has been targeted by shortseller ShadowFall, according to reports.
Read moreAsos names Sean Glithero as new CFO
10th Feb 2023 07:15
(Sharecast News) - UK fast fashion retailer ASOS said it had appointed former Matchesfashion chief financial officer Sean Glithero as its new interim CFO.
Read moreDeutsche Bank upgrades B&M, downgrades Kingfisher
3rd Feb 2023 09:14
(Sharecast News) - Deutsche Bank adjusted its ratings on a number of retailers on Friday, as it noted that the European general retail sector ended 2022 on a "surprisingly good" note.
Read moreASOS recruits company doctor for turnaround - report
26th Jan 2023 09:20
(Sharecast News) - Online fashion retailer ASOS has reportedly drafted in a leading company doctor amid pressure from its lenders about the state of its balance sheet.
Read moreBofA ML upgrades Asos, Boohoo to 'buy'
20th Jan 2023 09:07
(Sharecast News) - Bank of America Merrill Lynch upgraded Boohoo and Asos on Friday as it took a look at European online retail.
Read moreAsos appoints Google executive to board
22nd Dec 2022 07:23
(Sharecast News) - Online fast-fashion retailer Asos has appointed a senior Google executive to its board as it works to boost corporate governance.
Read moreAsos in talks with lenders about hiring restructuring expert - report
12th Dec 2022 08:38
(Sharecast News) - Online fashion retailer Asos and its lenders are reportedly discussing whether to hire a restructuring expert following the departure of its chief financial officer.
Read moreSoftcat poaches Asos CFO Kathryn Mecklenburgh
2nd Dec 2022 07:21
(Sharecast News) - IT infrastructure provider Softcat said on Friday that it has appointed Dr Kathryn Mecklenburgh - the current interim chief financial officer of online fashion retailer Asos - as its new CFO.
Read moreCredit Suisse downgrades Asos to 'neutral'
30th Nov 2022 11:50
(Sharecast News) - Credit Suisse downgraded Asos on Wednesday to 'neutral' from 'outperform' and slashed the price target to 660p from 1,250p as it argued that the operating initiatives highlighted at the full-year results are insufficient to drive a material change to the company's challenges.
Read moreBerenberg slashes target price on Asos
25th Oct 2022 09:51
(Sharecast News) - Analysts at Berenberg slashed their target price on clothing retailer Asos from 1,800.0p to 1,200.0p on Tuesday following the group's full-year earnings.
Read moreFrasers Group becomes fourth-largest shareholder in Asos
24th Oct 2022 07:29
(Sharecast News) - Mike Ashley's Frasers Group became the fourth-largest shareholder in online fashion retailer Asos over the weekend after building up a 5.1% stake in the company.
Read moreFrasers Group lifts stake in Hugo Boss
24th Oct 2022 07:17
(Sharecast News) - House of Fraser and Sports Direct owner Frasers Group said on Monday that it has increased its stake in German fashion brand Hugo Boss to 32.8%.
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