ASOS Plc (LON:ASC) Given Average Recommendation of “Hold” by Brokerages

Shares of ASOS Plc (LON:ASC) have been given an average recommendation of “Hold” by the six analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 391 ($4.91).

A number of analysts have weighed in on ASC shares. Shore Capital reaffirmed a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th. Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.15) target price on shares of ASOS in a research note on Thursday, September 5th. Finally, Barclays downgraded ASOS to an “underweight” rating and cut their target price for the stock from GBX 300 ($3.77) to GBX 290 ($3.64) in a research note on Monday, September 9th.

Insider Activity at ASOS

In related news, insider William Barker purchased 381,673 shares of the company’s stock in a transaction on Monday, November 18th. The stock was bought at an average price of GBX 361 ($4.53) per share, with a total value of £1,377,839.53 ($1,730,519.38). Also, insider José Antonio Ramos Calamonte sold 1,991 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.22), for a total value of £6,689.76 ($8,402.11). Insiders bought 537,473 shares of company stock valued at $194,840,753 in the last ninety days. Corporate insiders own 51.44% of the company’s stock.

ASOS Stock Up 1.7 %

ASOS stock opened at GBX 369.80 ($4.64) on Tuesday. ASOS has a twelve month low of GBX 328.84 ($4.13) and a twelve month high of GBX 453.80 ($5.70). The stock has a 50 day moving average of GBX 394.71 and a two-hundred day moving average of GBX 377.88. The company has a current ratio of 1.51, a quick ratio of 0.39 and a debt-to-equity ratio of 158.84. The stock has a market capitalization of £440.47 million, a price-to-earnings ratio of -185.83, a PEG ratio of -1.26 and a beta of 2.86.

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.