Broker Recommendations

Berenberg hikes Asos target price by 22%

By Benjamin Chiou

Date: Tuesday 01 Oct 2024

(Sharecast News) - Berenberg has hiked its target price for fast fashion retailer Asos by more than a fifth, saying the ecommerce group has the time and scope for a successful turnaround.
The broker reiterated a 'buy' rating, lifting its target for the shares from 490p to 600p.

"A reinforced...

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