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

Shares of ASOS Plc (LON:ASC) have received a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 391 ($5.08).

Several analysts recently weighed in on ASC shares. Shore Capital restated a “sell” rating on shares of ASOS in a report on Tuesday, September 10th. Barclays downgraded shares of ASOS to an “underweight” rating and reduced their target price for the company from GBX 300 ($3.90) to GBX 290 ($3.77) in a research note on Monday, September 9th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 490 ($6.36) price target on shares of ASOS in a research note on Thursday, September 5th.

ASOS Trading Down 0.2 %

Shares of LON ASC opened at GBX 370 ($4.80) on Friday. ASOS has a 1-year low of GBX 328.84 ($4.27) and a 1-year high of GBX 453.80 ($5.89). The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39. The business’s 50 day moving average is GBX 404.05 and its two-hundred day moving average is GBX 375.12. The stock has a market capitalization of £440.71 million, a P/E ratio of -185.93, a PEG ratio of -1.26 and a beta of 2.86.

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.