ASOS Plc (OTCMKTS:ASOMY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of ASOS Plc (OTCMKTS:ASOMYGet Rating) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $1,921.11.

ASOMY has been the subject of a number of research analyst reports. Exane BNP Paribas upgraded shares of ASOS from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. UBS Group dropped their price objective on shares of ASOS from GBX 1,700 ($20.54) to GBX 1,250 ($15.10) in a research report on Friday, July 29th. Royal Bank of Canada dropped their price objective on shares of ASOS from GBX 3,200 ($38.67) to GBX 2,000 ($24.17) in a research report on Friday, June 17th. Credit Suisse Group dropped their price objective on shares of ASOS from GBX 1,450 ($17.52) to GBX 1,250 ($15.10) in a research report on Wednesday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of ASOS from GBX 1,500 ($18.12) to GBX 1,260 ($15.22) in a research report on Wednesday, September 14th.

ASOS Stock Performance

OTCMKTS:ASOMY opened at $7.23 on Friday. ASOS has a 1 year low of $6.86 and a 1 year high of $46.01. The firm has a 50 day moving average of $10.21 and a 200-day moving average of $14.93. The company has a current ratio of 1.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.75.

About ASOS

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ASOS Plc operates as an online fashion retailer worldwide. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT brands, as well as through third-party brands. It is also involved in the employer of marketing staff and payment processing businesses.

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Analyst Recommendations for ASOS (OTCMKTS:ASOMY)

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