Asos says FY profit to be at top end of market expectations
13th Jan 2021 07:59
(Sharecast News) - Online fashion retailer Asos said on Wednesday that full-year 2021 pre-tax profit is set to be at the top end of current market expectations following a strong performance in the last four months of the year.
Read moreAsos to pour £90m into Staffordshire fulfilment centre
8th Jan 2021 09:33
(Sharecast News) - Online fashion retailer Asos plans to invest £90.0m in a new fulfilment centre in Staffordshire and as it aims to create 2,000 jobs at the site over the next three years.
Read moreUK Black Friday online sales expected to beat record
27th Nov 2020 09:39
(Sharecast News) - Internet industry body IMRG said that the online sales for this year's Black Friday are expected to reach an all-time high.
Read moreWednesday broker round-up
11th Nov 2020 13:58
(Sharecast News) - easyJet: Bank of America Merrill Lynch upgrades to buy.
Read moreAsos posts surge in FY profits but cautious on outlook
14th Oct 2020 08:05
(Sharecast News) - Asos reported a surge in full-year profit on Wednesday as it picked up more than 3m new customers, but the online fashion retailer struck a cautious note over how pressure on the disposable income of its 20-something customers might impact the business.
Read moreBerenberg downgrades Next, says structural pressures not priced in
29th Sep 2020 12:11
(Sharecast News) - Berenberg downgraded Next to 'sell' from 'hold' on Tuesday as it took a look at the retail sector.
Read moreWednesday broker round-up
22nd Jul 2020 13:45
(Sharecast News) - Resolute Mining: Berenberg reiterates buy with a target price of 90.0p.
Read moreMorgan Stanley raises target for Asos by half as consumer shun stores
21st Jul 2020 11:47
(Sharecast News) - Analysts at Morgan Stanley hiked their target price for shares of Asos by almost half following the company's latest trading update and on the back of proprietary research showing that UK consumers were set to continue shunning physical stores - but only in the short-term.
Read moreAsos sees annual profit at top end of market expectations
15th Jul 2020 08:36
(Sharecast News) - Online fashion retailer Asos said on Wednesday that annual pre-tax profit was set to be towards the top end of market expectations, as it reported a 10% jump in sales for the four months to the end of June, but analysts were largely unimpressed.
Read moreStandard Life Aberdeen sells nearly all of its Boohoo shares
10th Jul 2020 14:50
(Sharecast News) - Asset manager Standard Life Aberdeen confirmed on Friday that it had sold most of its shares in fast-fashion retailer Boohoo, arguing that its response to allegations of poor working conditions at supplier factories was "inadequate".
Read moreTuesday broker round-up
7th Jul 2020 14:00
(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.
Read moreAsos Q3 likely to be muted, says Liberum
30th Jun 2020 13:31
(Sharecast News) - Online fashion retailer Asos is likely to report a muted third quarter, Liberum said in a note on Tuesday.
Read moreThursday broker round-up
25th Jun 2020 14:05
(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.
Read moreMonday broker round-up
22nd Jun 2020 13:30
(Sharecast News) - Ashmore Group: Berenberg downgrades to sell with a target price of 331p.
Read moreBofA stays at 'underperform' on Asos, cites long-term margin concerns
22nd Jun 2020 12:42
(Sharecast News) - Analysts at Bank of America hiked their target price for shares of Asos, judging that consensus was overlooking the "strong" short-term outlook for the online retailer's sales.
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