ASOS (LON:ASC – Get Free Report)‘s stock had its “sell” rating reiterated by analysts at Shore Capital in a report released on Wednesday, Digital Look reports.
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 600 ($7.47) target price on shares of ASOS in a research report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, ASOS has an average rating of “Hold” and an average target price of GBX 533 ($6.64).
Read Our Latest Report on ASOS
ASOS Trading Up 4.0 %
Insiders Place Their Bets
In other news, insider William Barker purchased 13,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of GBX 365 ($4.54) per share, for a total transaction of £47,450 ($59,068.84). 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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