ASOS (LON:ASC – Get Free Report)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a report released on Thursday, Marketbeat Ratings reports. They currently have a GBX 375 ($4.67) price objective on the stock. Jefferies Financial Group’s price target suggests a potential upside of 5.10% from the stock’s current price.
A number of other equities analysts have also weighed in on ASC. Barclays restated an “equal weight” rating on shares of ASOS in a report on Thursday. Shore Capital reaffirmed a “sell” rating on shares of ASOS in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 500 ($6.22) price objective on shares of ASOS in a research report on Thursday. Finally, Berenberg Bank decreased their target price on ASOS from GBX 510 ($6.35) to GBX 490 ($6.10) and set a “buy” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 466.25 ($5.80).
Read Our Latest Stock Analysis on ASOS
ASOS Stock Down 0.4 %
Insider Buying and Selling at ASOS
In other ASOS news, insider William Barker acquired 13,000 shares of the stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price of GBX 365 ($4.54) per share, for a total transaction of £47,450 ($59,068.84). 50.18% of the stock is owned by corporate insiders.
About ASOS
ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.
Featured Stories
- Five stocks we like better than ASOS
- What is the Dogs of the Dow Strategy? Overview and Examples
- Comprehensive Analysis of PayPal Stock
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Intuitive Surgical Stock Can Trend Much Higher This Year
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for ASOS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASOS and related companies with MarketBeat.com's FREE daily email newsletter.