ASOS Plc (LON:ASC) Receives Consensus Rating of “Hold” from Analysts

ASOS Plc (LON:ASC) has earned a consensus rating of “Hold” from the nine research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 466.25 ($5.86).

A number of equities research analysts have commented on the company. Barclays reiterated an “equal weight” rating on shares of ASOS in a report on Thursday, April 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 500 ($6.28) price objective on shares of ASOS in a research note on Thursday, April 18th. Berenberg Bank dropped their price objective on ASOS from GBX 510 ($6.41) to GBX 490 ($6.16) and set a “buy” rating for the company in a research report on Wednesday, April 17th. Jefferies Financial Group restated a “hold” rating and issued a GBX 375 ($4.71) target price on shares of ASOS in a report on Thursday, April 18th. Finally, Shore Capital reiterated a “sell” rating on shares of ASOS in a report on Wednesday, April 17th.

ASOS Stock Down 1.0 %

ASC opened at GBX 340.60 ($4.28) on Tuesday. The company has a debt-to-equity ratio of 115.59, a quick ratio of 0.39 and a current ratio of 1.73. The company has a market cap of £406.44 million, a price-to-earnings ratio of -159.91, a PEG ratio of -1.26 and a beta of 2.72. ASOS has a one year low of GBX 320.33 ($4.02) and a one year high of GBX 758.80 ($9.53). The business’s fifty day moving average is GBX 356.07 and its two-hundred day moving average is GBX 378.25.

Insider Transactions at ASOS

In related news, insider William Barker purchased 13,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average cost of GBX 365 ($4.58) per share, for a total transaction of £47,450 ($59,603.06). Insiders own 50.18% of the company’s stock.

ASOS Company Profile

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.