Shore Capital reaffirmed their sell rating on shares of ASOS (LON:ASC – Free Report) in a report issued on Wednesday morning, Marketbeat reports.
Separately, Berenberg Bank restated a buy rating and issued a GBX 600 ($7.47) target price on shares of ASOS in a research note on Thursday, February 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of Hold and an average price target of GBX 511 ($6.36).
Check Out Our Latest Research Report on ASOS
ASOS Stock Up 4.3 %
Insider Buying and Selling at ASOS
In related news, insider William Barker bought 474,000 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was bought at an average cost of GBX 364 ($4.53) per share, for a total transaction of £1,725,360 ($2,147,840.16). 50.18% 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.
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