Asos (ASOMF) Downgraded to Underperform at Credit Suisse Group

Asos (OTCMKTS:ASOMF) was downgraded by investment analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued on Monday.

Several other equities research analysts also recently issued reports on ASOMF. Deutsche Bank upgraded shares of Asos from a “hold” rating to a “buy” rating in a research note on Tuesday, January 2nd. HSBC upgraded shares of Asos from a “hold” rating to a “buy” rating in a research note on Monday. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Asos currently has an average rating of “Hold”.

OTCMKTS:ASOMF traded down $1.07 during mid-day trading on Monday, hitting $103.00. The stock had a trading volume of 300 shares, compared to its average volume of 250. Asos has a twelve month low of $103.00 and a twelve month high of $104.07.

COPYRIGHT VIOLATION WARNING: This article was published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be accessed at https://www.chaffeybreeze.com/2018/04/16/asos-asomf-downgraded-to-underperform-at-credit-suisse-group.html.

Receive News & Ratings for Asos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asos and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply