ASOS Plc (LON:ASC) Receives GBX 391 Average Target Price from Brokerages

Shares of ASOS Plc (LON:ASC) have earned an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 391 ($4.77).

Separately, Shore Capital reissued a “hold” rating on shares of ASOS in a report on Tuesday, November 5th.

Insider Buying and Selling at ASOS

In related news, insider William Barker purchased 381,673 shares of ASOS stock in a transaction dated Monday, November 18th. The stock was bought at an average cost of GBX 361 ($4.41) per share, for a total transaction of £1,377,839.53 ($1,682,343.75). Also, insider José Antonio Ramos Calamonte sold 1,991 shares of ASOS stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of GBX 336 ($4.10), for a total transaction of £6,689.76 ($8,168.21). In the last 90 days, insiders have acquired 537,473 shares of company stock valued at $194,840,753. 51.44% of the stock is owned by corporate insiders.

ASOS Stock Performance

Shares of ASC stock opened at GBX 397 ($4.85) on Wednesday. The stock’s 50-day moving average is GBX 390.80 and its two-hundred day moving average is GBX 387. The firm has a market cap of £472.87 million, a price-to-earnings ratio of -199.50, a PEG ratio of -1.26 and a beta of 2.86. ASOS has a 1 year low of GBX 328.84 ($4.02) and a 1 year high of GBX 454.20 ($5.55). The company has a debt-to-equity ratio of 158.84, a quick ratio of 0.39 and a current ratio of 1.51.

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.