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

Shares of ASOS Plc (LON:ASC) have earned a consensus rating of “Hold” from the six brokerages that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 391 ($4.93).

A number of research analysts have commented on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.18) price objective on shares of ASOS in a research note on Thursday, September 5th. Barclays lowered ASOS to an “underweight” rating and lowered their price target for the stock from GBX 300 ($3.79) to GBX 290 ($3.66) in a report on Monday, September 9th. Finally, Shore Capital reaffirmed a “hold” rating on shares of ASOS in a research note on Tuesday, November 5th.

Insider Transactions at ASOS

In related news, insider William Barker purchased 381,673 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was acquired at an average price of GBX 361 ($4.56) per share, for a total transaction of £1,377,839.53 ($1,739,037.65). Also, insider Dave Murray acquired 5,800 shares of ASOS stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average price of GBX 346 ($4.37) per share, with a total value of £20,068 ($25,328.79). Insiders have bought a total of 537,473 shares of company stock worth $194,840,753 over the last ninety days. 51.44% of the stock is currently owned by company insiders.

ASOS Stock Performance

Shares of ASOS stock opened at GBX 407.20 ($5.14) on Friday. The firm’s fifty day simple moving average is GBX 381.18 and its 200-day simple moving average is GBX 379.32. ASOS has a 12 month low of GBX 328.84 ($4.15) and a 12 month high of GBX 453.80 ($5.73). The stock has a market capitalization of £485.02 million, a price-to-earnings ratio of -204.62, a PEG ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39.

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.