Asos (ASOMF) Lifted to Buy at HSBC

Asos (OTCMKTS:ASOMF) was upgraded by analysts at HSBC from a “hold” rating to a “buy” rating in a research report issued on Monday.

Separately, Deutsche Bank raised Asos from a “hold” rating to a “buy” rating in a research report 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 company. The stock presently has an average rating of “Hold”.

Shares of OTCMKTS ASOMF traded down $1.07 during trading hours on Monday, hitting $103.00. 300 shares of the company’s stock were exchanged, compared to its average volume of 250. Asos has a 1-year low of $103.00 and a 1-year high of $104.07.

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