Shore Capital Reiterates Hold Rating for ASOS (LON:ASC)

Shore Capital reiterated their hold rating on shares of ASOS (LON:ASC - Free Report) in a research report sent to investors on Tuesday morning, MarketBeat reports.

A number of other equities analysts have also commented on ASC. Berenberg Bank reiterated a "buy" rating and set a GBX 490 ($6.38) price target on shares of ASOS in a report on Thursday, September 5th. Barclays lowered shares of ASOS to an "underweight" rating and cut their price target for the stock from GBX 300 ($3.91) to GBX 290 ($3.78) in a report on Monday, September 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, ASOS has an average rating of "Hold" and an average target price of GBX 391 ($5.09).

ASOS Price Performance

ASOS stock traded down GBX 24.60 ($0.32) during mid-day trading on Tuesday, reaching GBX 351.40 ($4.57). The company had a trading volume of 1,256,609 shares, compared to its average volume of 393,215. ASOS has a fifty-two week low of GBX 328.84 ($4.28) and a fifty-two week high of GBX 453.80 ($5.91). The company has a current ratio of 1.51, a quick ratio of 0.39 and a debt-to-equity ratio of 158.84. The company has a market cap of £418.55 million, a P/E ratio of -176.58, a P/E/G ratio of -1.26 and a beta of 2.86. The business has a fifty day simple moving average of GBX 405.64 and a 200 day simple moving average of GBX 376.70.

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.