ASOS (LON:ASC – Get Free Report)‘s stock had its “sell” rating reaffirmed by equities researchers at Shore Capital in a research note issued on Tuesday, Digital Look reports.
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 600 ($7.59) price objective on shares of ASOS in a report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 533 ($6.75).
Check Out Our Latest Stock Report on ASC
ASOS Price Performance
Insider Activity at ASOS
In related news, insider William Barker purchased 13,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price of GBX 365 ($4.62) per share, with a total value of £47,450 ($60,055.69). 50.18% of the stock is owned by insiders.
ASOS Company Profile
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.
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