Credit Suisse slashes Asos price target after profit warning
15th Oct 2021 10:36
(Sharecast News) - Credit Suisse slashed its price target on Asos on Friday to 4,680p from 6,050p as it trimmed its forecasts in line with guidance after full-year results exposed greater cyclical pressures than expected, compounded by the slow progress to update systems.
Read moreDirector dealings: Asos non-executive director raises stake
13th Oct 2021 15:36
(Sharecast News) - Asos revealed on Wednesday that non-executive director Ian Dyson had acquired 4,500 ordinary shares in the online retailer.
Read moreBerenberg cuts target price on Asos
12th Oct 2021 10:29
(Sharecast News) - Analysts at Berenberg lowered their target price on fast-fashion retailer Asos from 6,500.0p to 5,500.0p on Tuesday, stating the firm's near-term outlook had been impacted by Covid-19-related volatility.
Read morePeel Hunt downgrades Asos, cuts price target after profit warning
11th Oct 2021 14:09
(Sharecast News) - Peel Hunt downgraded its stance on Asos on Monday to 'add' from 'buy' and slashed the price target to 5,000p from 6,500p after the online fashion retailer announced the departure of its chief executive and warned on profits.
Read moreAsos warns on profits as CEO Nick Beighton steps down
11th Oct 2021 08:03
(Sharecast News) - Asos said in a surprise announcement on Monday that chief executive Nick Beighton has stepped down with immediate effect, as it warned over profits, sending shares in the online fashion retailer tumbling.
Read moreAsos to create 180 jobs as it invests £14m in Belfast tech hub
28th Sep 2021 15:17
(Sharecast News) - Online fashion retailer Asos is planning to invest £14m in a new tech hub in Belfast in a move that will create more than 180 jobs over three years.
Read moreCredit Suisse upgrades Boohoo, says governments might ban Shein app
9th Sep 2021 15:30
(Sharecast News) - Analysts at Credit Suisse upgraded their recommendation for shares of Boohoo to 'outperform', telling clients that Western governments looked set to step in and "level up the playing field" against Chinese fashion retail app Shein.
Read moreBerenberg lowers target price on Asos ahead of CMD
6th Sep 2021 09:49
(Sharecast News) - Analysts at Berenberg lowered their target price on online clothing retailer Asos from 6,700.0p to 6,500.0p on Monday ahead of the firm's capital markets day next month.
Read moreJPMorgan lowers target price on Asos
3rd Sep 2021 11:44
(Sharecast News) - Analysts at JPMorgan lowered their target price on online clothing retailer Asos from 6,800.0p to 6,680.0p on Friday following its full-year 2021 results preview.
Read moreWednesday broker round-up
25th Aug 2021 15:21
(Sharecast News) - Asos: Deutsche Bank initiates at buy with 5,400.0p target price.
Read moreDeutsche Bank initiates coverage of European clothing sector
25th Aug 2021 10:03
(Sharecast News) - Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for "growth companies which have adapted to changing consumer habits".
Read moreSunday newspaper round-up: Sainsbury's, Legal and General, Asos
22nd Aug 2021 15:01
(Sharecast News) - Private equity giants are circling Sainsbury's with a view to possibly launching bids of more than £7 billion, as the bidding war for Morrisons reignites interest in the supermarket industry. American buyout giant Apollo is said to be running the rule over Britain's second-largest supermarket chain. It has been scouring the industry for targets after being outbid for Asda last year, and remains in talks to join the Fortress-led consortium bidding for Morrisons. Any involvement in that deal may preclude a move for Sainsbury's. - Sunday Times
Read moreBT poaches Asos chairman Adam Crozier
17th Aug 2021 08:00
(Sharecast News) - BT Group said on Tuesday that it has poached the chairman of online fashion retailer Asos, Adam Crozier.
Read moreFriday broker round-up
16th Jul 2021 12:03
(Sharecast News) - Pantheon Resources: Canaccord Genuity keeps at speculative buy but hikes target price from 115.0p to 170.0p.
Read moreBerenberg lowers target price on Asos
16th Jul 2021 10:45
(Sharecast News) - Analysts at Berenberg lowered their target price on fast-fashion retailer Asos from 7,000.0p to 6,700.0p on Friday following the group's recent trading update.
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