ASOS (LON:ASC) Earns “Equal Weight” Rating from Barclays

ASOS (LON:ASC)‘s stock had its “equal weight” rating restated by research analysts at Barclays in a research report issued on Thursday, MarketBeat.com reports.

ASC has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 500 ($6.22) price objective on shares of ASOS in a report on Thursday. Berenberg Bank lowered their price target on ASOS from GBX 510 ($6.35) to GBX 490 ($6.10) and set a “buy” rating on the stock in a report on Wednesday. Finally, Shore Capital restated a “sell” rating on shares of ASOS in a research note on Wednesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, ASOS has a consensus rating of “Hold” and an average target price of GBX 466.25 ($5.80).

ASOS Trading Down 0.4 %

ASOS stock opened at GBX 356.80 ($4.44) on Thursday. ASOS has a one year low of GBX 320.33 ($3.99) and a one year high of GBX 794 ($9.88). The company’s fifty day moving average price is GBX 361.60 and its two-hundred day moving average price is GBX 379.74. The company has a debt-to-equity ratio of 115.59, a current ratio of 1.73 and a quick ratio of 0.39. The company has a market capitalization of £425.77 million, a price-to-earnings ratio of -167.51, a PEG ratio of -1.26 and a beta of 2.72.

Insider Transactions at ASOS

In related news, insider William Barker bought 13,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of GBX 365 ($4.54) per share, for a total transaction of £47,450 ($59,068.84). 50.18% of the stock is currently 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.