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

Shares of ASOS Plc (LON:ASC - Get Free Report) have earned a consensus recommendation of "Hold" from the six research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 391 ($5.05).

Separately, Shore Capital upgraded shares of ASOS to a "buy" rating in a research note on Friday.

ASOS Stock Down 2.6 %

Shares of ASC traded down GBX 8 ($0.10) during trading hours on Friday, hitting GBX 304.40 ($3.93). The company had a trading volume of 7,080,956 shares, compared to its average volume of 626,411. The stock has a market capitalization of £364.88 million, a price-to-earnings ratio of -1.08, a P/E/G ratio of -1.26 and a beta of 2.86. The firm has a fifty day moving average price of GBX 351.31 and a 200-day moving average price of GBX 383.49. ASOS has a 52-week low of GBX 223.20 ($2.88) and a 52-week high of GBX 454.20 ($5.87). The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61.

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.