Asos (ASOMF) Lifted to Buy at HSBC

Asos (OTCMKTS:ASOMF) was upgraded by HSBC from a “hold” rating to a “buy” rating in a note issued to investors on Monday.

Separately, Deutsche Bank upgraded Asos from a “hold” rating to a “buy” rating in a research note on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. Asos currently has an average rating of “Hold”.

ASOMF traded down $1.07 on Monday, hitting $103.00. 300 shares of the stock traded hands, compared to its average volume of 250. Asos has a 52 week low of $103.00 and a 52 week high of $104.07.

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