ASOS PLC/ADR (OTCMKTS:ASOMY) Receives Consensus Recommendation of “Hold” from Analysts

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ASOS PLC/ADR (OTCMKTS:ASOMY) has been assigned a consensus rating of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company.

Several brokerages recently weighed in on ASOMY. UBS Group downgraded shares of to a “neutral” rating and lifted their price objective for the company from GBX 3,300 ($43.12) to GBX 3,500 ($45.73) in a research report on Tuesday, June 25th. Zacks Investment Research upgraded shares of General Moly from a “sell” rating to a “hold” rating in a research report on Thursday.

Shares of OTCMKTS ASOMY traded down $0.72 during midday trading on Friday, hitting $32.29. The company’s stock had a trading volume of 2,388 shares, compared to its average volume of 4,824. ASOS PLC/ADR has a 1-year low of $26.76 and a 1-year high of $83.63. The business has a fifty day simple moving average of $38.41. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of 24.46, a P/E/G ratio of 6.20 and a beta of 2.80.

About ASOS PLC/ADR

ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, and Russia. The company offers womenswear, menswear, and sportswear products. It sells approximately 85,000 branded and ASOS brand products primarily through its Website, asos.com, as well as through social media platforms and magazines.

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Analyst Recommendations for ASOS PLC/ADR (OTCMKTS:ASOMY)

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