ASOS Plc (LON:ASC) Receives GBX 383.33 Average Target Price from Analysts

ASOS Plc (LON:ASC) has earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 383.33.

A number of equities analysts have weighed in on ASC shares. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 400 target price on shares of ASOS in a research note on Thursday, December 4th. Berenberg Bank reissued a “buy” rating and issued a GBX 600 price target on shares of ASOS in a report on Wednesday.

Insider Buying and Selling

In other news, insider William Barker acquired 132,455 shares of the firm’s stock in a transaction on Tuesday, January 20th. The shares were purchased at an average cost of GBX 381 per share, for a total transaction of £504,653.55. In the last 90 days, insiders acquired 223,531 shares of company stock valued at $76,003,437. 18.40% of the stock is currently owned by company insiders.

ASOS Stock Down 3.2%

Shares of LON ASC opened at GBX 225 on Wednesday. ASOS has a 12-month low of GBX 206.50 and a 12-month high of GBX 375.30. The firm’s 50-day simple moving average is GBX 276.18 and its 200 day simple moving average is GBX 267.57. The company has a quick ratio of 0.39, a current ratio of 1.02 and a debt-to-equity ratio of 342.80. The company has a market cap of £268.74 million, a price-to-earnings ratio of -0.90, a price-to-earnings-growth ratio of -1.26 and a beta of 2.30.

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.