ASOS Plc (LON:ASC) Receives GBX 391 Consensus PT from Brokerages

Shares of ASOS Plc (LON:ASC - Get Free Report) have received an average recommendation of "Hold" from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 391 ($4.96).

Several research analysts have commented on the stock. Berenberg Bank reaffirmed a "buy" rating and set a GBX 490 ($6.21) price objective on shares of ASOS in a research note on Thursday, September 5th. Shore Capital restated a "hold" rating on shares of ASOS in a report on Tuesday, November 5th. Finally, Barclays downgraded ASOS to an "underweight" rating and decreased their price objective for the company from GBX 300 ($3.80) to GBX 290 ($3.68) in a report on Monday, September 9th.

ASOS Stock Performance

Shares of LON:ASC traded down GBX 1.94 ($0.02) during trading on Tuesday, hitting GBX 363.86 ($4.61). The company's stock had a trading volume of 306,892 shares, compared to its average volume of 392,194. ASOS has a 12 month low of GBX 328.84 ($4.17) and a 12 month high of GBX 453.80 ($5.75). The firm has a market cap of £433.39 million, a price-to-earnings ratio of -183.37, a P/E/G ratio of -1.26 and a beta of 2.86. The company has a 50-day moving average of GBX 401.07 and a 200-day moving average of GBX 377.45. The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39.

Insider Activity at ASOS

In other news, insider José Antonio Ramos Calamonte sold 1,991 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.26), for a total transaction of £6,689.76 ($8,479.86). Also, insider Dave Murray purchased 5,800 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The shares were purchased at an average price of GBX 346 ($4.39) per share, for a total transaction of £20,068 ($25,437.95). 51.44% of the stock is owned by corporate 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.