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

Shares of ASOS Plc (LON:ASC) have earned a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 391 ($4.96).

Several analysts recently issued reports on ASC shares. Shore Capital reiterated a “hold” rating on shares of ASOS in a report on Tuesday, November 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.21) target price on shares of ASOS in a research note on Thursday, September 5th. Finally, Barclays lowered ASOS to an “underweight” rating and reduced their price target for the stock from GBX 300 ($3.80) to GBX 290 ($3.68) in a research report on Monday, September 9th.

ASOS Trading Down 1.6 %

LON ASC opened at GBX 360 ($4.56) on Tuesday. The firm has a market capitalization of £428.80 million, a price-to-earnings ratio of -183.82, a PEG ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 158.84, a quick ratio of 0.39 and a current ratio of 1.51. ASOS has a one year low of GBX 328.84 ($4.17) and a one year high of GBX 453.80 ($5.75). The company’s 50 day moving average price is GBX 402.37 and its 200 day moving average price is GBX 377.34.

Insider Transactions at ASOS

In related news, insider Dave Murray acquired 5,800 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was bought at an average cost of GBX 346 ($4.39) per share, with a total value of £20,068 ($25,437.95). Also, insider José Antonio Ramos Calamonte sold 1,991 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.26), for a total transaction of £6,689.76 ($8,479.86). Corporate insiders own 51.44% of the company’s stock.

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.