ASOS Plc (LON:ASC) Receives GBX 466.25 Average PT from Analysts

Shares of ASOS Plc (LON:ASC) have been given a consensus rating of “Hold” by the nine analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 466.25 ($5.86).

ASC has been the topic of a number of recent research reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 375 ($4.71) price objective on shares of ASOS in a research note on Thursday, April 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 500 ($6.28) price objective on shares of ASOS in a research note on Thursday, April 18th. JPMorgan Chase & Co. lowered their target price on ASOS from GBX 350 ($4.40) to GBX 300 ($3.77) and set a “neutral” rating on the stock in a research note on Thursday, April 18th. Barclays restated an “equal weight” rating on shares of ASOS in a research note on Thursday, April 18th. Finally, Shore Capital reiterated a “sell” rating on shares of ASOS in a research report on Wednesday, April 17th.

Insider Buying and Selling

In related news, insider William Barker purchased 13,000 shares of ASOS stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average price of GBX 365 ($4.59) per share, with a total value of £47,450 ($59,610.55). Over the last quarter, insiders purchased 667,000 shares of company stock worth $238,661,000. Insiders own 50.41% of the company’s stock.

ASOS Stock Performance

Shares of ASOS stock opened at GBX 355.80 ($4.47) on Tuesday. The firm’s fifty day simple moving average is GBX 353.89 and its 200-day simple moving average is GBX 376.75. ASOS has a 12 month low of GBX 320.33 ($4.02) and a 12 month high of GBX 707.20 ($8.88). The stock has a market capitalization of £424.58 million, a price-to-earnings ratio of -178.89, a PEG ratio of -1.26 and a beta of 2.70. The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39.

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.