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ASOS recovery gains momentum as Deutsche Bank raises price target to 450p

Analyst Insights
25 Sep 2026
Proactive Investors
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Bullish
ASOS recovery gains momentum as Deutsche Bank raises price target to 450p

ASOS, the online fashion retailer, is showing clear signs of recovery with Deutsche Bank raising its price target from 400p to 450p and maintaining a Buy rating. The upgrade follows ASOS exceeding gross profit expectations and guiding adjusted EBITDA towards the upper end of its range, driven by stronger margins and growth in key markets like the UK, Germany, and the US. Active customer numbers are also growing again, indicating the business is turning a corner. Deutsche Bank highlights that ASOS's transformation over four years is now delivering tangible financial improvements, making the recovery more visible in its trading performance rather than relying on broader market conditions.

ASOS recovery is the subject, with Pluang's Consumer Cyclical sector data providing context as of Sep 25, 2026 20:51 WIB. For readers following this sector, here is Pluang's market snapshot: out of 112 priced US stocks, 58 rose and 52 fell. Notable movers include LULU at USD 103.47 with a 1-day change of +1.80% and Pluang order activity of 33% Sell / 67% Buy, RACE at USD 404.78 down 1.71%, and BIRD at USD 2.34 down 1.68% with 0% Sell / 100% Buy. The most notable figure is LULU's 67% buy order activity on Pluang.

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