ASOS Plc (OTCMKTS:ASOMY) Receives Average Recommendation of “Hold” from Brokerages

ASOS Plc (OTCMKTS:ASOMYGet Rating) has been given a consensus recommendation of “Hold” by the thirteen brokerages that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation. The average twelve-month price target among analysts that have covered the stock in the last year is $1,921.11.

A number of equities research analysts have recently issued reports on ASOMY shares. UBS Group cut their price objective on shares of ASOS from GBX 1,700 ($20.54) to GBX 1,250 ($15.10) in a research note on Friday, July 29th. Barclays cut their price objective on shares of ASOS from GBX 920 ($11.12) to GBX 730 ($8.82) in a research note on Wednesday, September 14th. Exane BNP Paribas raised shares of ASOS from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. Berenberg Bank cut their price objective on shares of ASOS from GBX 4,100 ($49.54) to GBX 2,500 ($30.21) in a research note on Friday, June 17th. Finally, JPMorgan Chase & Co. cut their price objective on shares of ASOS from GBX 1,500 ($18.12) to GBX 1,260 ($15.22) in a research note on Wednesday, September 14th.

ASOS Trading Down 1.4 %

ASOMY stock opened at $7.23 on Friday. ASOS has a one year low of $6.86 and a one year high of $46.01. The firm has a 50 day simple moving average of $10.21 and a two-hundred day simple moving average of $14.93. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.59 and a quick ratio of 0.57.

About ASOS

(Get Rating)

ASOS Plc operates as an online fashion retailer worldwide. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT brands, as well as through third-party brands. It is also involved in the employer of marketing staff and payment processing businesses.

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Analyst Recommendations for ASOS (OTCMKTS:ASOMY)

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