ASOS Plc (LON:ASC) Receives GBX 391 Average Target Price from Brokerages

Shares of ASOS Plc (LON:ASC - Get Free Report) have earned an average rating of "Hold" from the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 391 ($4.88).

Separately, Shore Capital reissued a "hold" rating on shares of ASOS in a research report on Tuesday, November 5th.

Insider Buying and Selling at ASOS

In other ASOS news, insider William Barker bought 150,000 shares of the firm's stock in a transaction on Wednesday, November 20th. The shares were acquired at an average cost of GBX 367 ($4.58) per share, for a total transaction of £550,500 ($686,751.50). Also, insider Dave Murray purchased 5,800 shares of the stock in a transaction on Tuesday, November 5th. The stock was acquired at an average cost of GBX 346 ($4.32) per share, for a total transaction of £20,068 ($25,034.93). Insiders have acquired 537,473 shares of company stock valued at $194,840,753 in the last 90 days. 51.44% of the stock is currently owned by company insiders.

ASOS Stock Performance

Shares of ASC stock traded down GBX 9 ($0.11) during trading hours on Wednesday, hitting GBX 402 ($5.01). 184,807 shares of the company were exchanged, compared to its average volume of 216,100. 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 stock has a market capitalization of £478.82 million, a price-to-earnings ratio of -202.01, a P/E/G ratio of -1.26 and a beta of 2.86. The firm has a fifty day simple moving average of GBX 388.58 and a 200 day simple moving average of GBX 386.54. ASOS has a 52-week low of GBX 328.84 ($4.10) and a 52-week high of GBX 454.20 ($5.67).

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.