Analysts Set ASOS Plc (LON:ASC) Price Target at GBX 391

ASOS Plc (LON:ASC) has been assigned an average rating of “Hold” from the six research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 391 ($4.92).

ASC has been the topic of a number of research reports. Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.17) target price on shares of ASOS in a report on Thursday, September 5th. Barclays lowered ASOS to an “underweight” rating and decreased their target price for the stock from GBX 300 ($3.78) to GBX 290 ($3.65) in a research report on Monday, September 9th. Finally, Shore Capital reissued a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th.

ASOS Trading Up 0.1 %

ASC stock opened at GBX 367.40 ($4.63) on Tuesday. The company has a debt-to-equity ratio of 158.84, a quick ratio of 0.39 and a current ratio of 1.51. ASOS has a one year low of GBX 328.84 ($4.14) and a one year high of GBX 453.80 ($5.71). The company’s 50 day moving average price is GBX 398.66 and its two-hundred day moving average price is GBX 377.46. The company has a market capitalization of £437.61 million, a PE ratio of -182.61, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86.

Insider Activity

In other ASOS news, insider William Barker purchased 381,673 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of GBX 361 ($4.54) per share, with a total value of £1,377,839.53 ($1,734,658.86). Also, insider José Antonio Ramos Calamonte sold 1,991 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of GBX 336 ($4.23), for a total value of £6,689.76 ($8,422.21). Insiders acquired 537,473 shares of company stock worth $194,840,753 over the last three months. 51.44% of the stock is currently owned by corporate insiders.

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.