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

ASOS Plc (LON:ASC) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 391 ($5.07).

Separately, Shore Capital raised ASOS to a “buy” rating in a research note on Friday.

ASOS Trading Up 18.4 %

LON:ASC traded up GBX 46.80 ($0.61) during trading hours on Friday, reaching GBX 301.80 ($3.91). 1,883,284 shares of the stock were exchanged, compared to its average volume of 511,206. ASOS has a twelve month low of GBX 223.20 ($2.89) and a twelve month high of GBX 454.20 ($5.89). The company has a quick ratio of 0.39, a current ratio of 1.61 and a debt-to-equity ratio of 187.55. The business has a 50-day moving average of GBX 354.63 and a two-hundred day moving average of GBX 384.45. The company has a market capitalization of £361.77 million, a price-to-earnings ratio of -1.07, a PEG ratio of -1.26 and a beta of 2.86.

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.