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

Shares of ASOS Plc (LON:ASC) have received an average rating of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 391 ($4.96).

ASC has been the subject of a number of research analyst reports. Shore Capital reaffirmed a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 490 ($6.22) target price on shares of ASOS in a research report on Thursday, September 5th. Finally, Barclays downgraded shares of ASOS to an “underweight” rating and reduced their price target for the company from GBX 300 ($3.81) to GBX 290 ($3.68) in a research report on Monday, September 9th.

ASOS Trading Down 1.6 %

LON ASC opened at GBX 400.60 ($5.08) on Friday. The stock has a market capitalization of £477.15 million, a P/E ratio of -198.79, a P/E/G ratio of -1.26 and a beta of 2.86. The business has a 50 day simple moving average of GBX 380.43 and a 200 day simple moving average of GBX 379.73. 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 has a one year low of GBX 328.84 ($4.17) and a one year high of GBX 453.80 ($5.76).

Insider Activity

In other news, insider Dave Murray acquired 5,800 shares of ASOS stock in a transaction on Tuesday, November 5th. The stock was acquired at an average cost of GBX 346 ($4.39) per share, with a total value of £20,068 ($25,460.54). 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 ($4.26), for a total value of £6,689.76 ($8,487.39). Insiders acquired a total of 537,473 shares of company stock valued at $194,840,753 in the last ninety days. 51.44% of the stock is currently 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.