ASOS Plc (LON:ASC) Receives Consensus Recommendation of “Hold” from Analysts

ASOS Plc (LON:ASC) has been assigned an average rating of “Hold” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 443.33 ($5.83).

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 490 ($6.44) price objective on shares of ASOS in a research report on Thursday.

ASOS Trading Up 21.7 %

LON ASC opened at GBX 447.50 ($5.88) on Thursday. The stock has a 50-day simple moving average of GBX 361.43 and a 200 day simple moving average of GBX 359.91. The company has a market capitalization of £533.02 million, a PE ratio of -224.88, a P/E/G ratio of -1.26 and a beta of 2.86. The company has a current ratio of 1.51, a quick ratio of 0.39 and a debt-to-equity ratio of 158.84. ASOS has a 12 month low of GBX 328.84 ($4.32) and a 12 month high of GBX 453.80 ($5.97).

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.