Brokerages Set ASOS Plc (LON:ASC) Target Price at GBX 443.33

ASOS Plc (LON:ASC) has been assigned an average rating of “Hold” from the seven research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 443.33 ($5.80).

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 490 ($6.41) price objective on shares of ASOS in a research note on Thursday, September 5th.

ASOS Price Performance

ASOS stock opened at GBX 435.40 ($5.69) on Thursday. The company has a debt-to-equity ratio of 158.84, a quick ratio of 0.39 and a current ratio of 1.51. The firm has a market cap of £518.60 million, a P/E ratio of -218.79, a P/E/G ratio of -1.26 and a beta of 2.86. The business’s fifty day moving average is GBX 365.32 and its two-hundred day moving average is GBX 360.98. ASOS has a 52 week low of GBX 328.84 ($4.30) and a 52 week high of GBX 453.80 ($5.93).

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.