Back to News
Market Impact: 0.22

ASOS has finally got its mojo back - broker

DB
Analyst InsightsCompany FundamentalsCorporate Guidance & OutlookConsumer Demand & Retail

Deutsche Bank says ASOS has "regained its mojo" after four years of restructuring and is showing early signs of a return to growth. The broker reiterated a Buy rating and 375p price target, implying about 50% upside versus the last closing price of 250p. The note is supportive for sentiment but is unlikely to be a major market-wide driver.

Analysis

Deutsche Bank says ASOS has "regained its mojo" after four years of restructuring and is showing early signs of a return to growth. The broker reiterated a Buy rating and 375p price target, implying about 50% upside versus the last closing price of 250p. The note is supportive for sentiment but is unlikely to be a major market-wide driver.

AllMind AI Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Demo

Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.55

Ticker Sentiment

DB0.00