ASOS (LON:ASC) Rating Reiterated by Barclays

Barclays restated their equal weight rating on shares of ASOS (LON:ASC) in a report released on Thursday morning, Marketbeat.com reports.

Other analysts also recently issued research reports about the stock. Shore Capital restated a sell rating on shares of ASOS in a research report on Wednesday, April 17th. Deutsche Bank Aktiengesellschaft reiterated a buy rating and issued a GBX 500 ($6.22) price target on shares of ASOS in a research report on Thursday. Finally, Berenberg Bank reduced their price target on shares of ASOS from GBX 510 ($6.35) to GBX 490 ($6.10) and set a buy rating for the company in a research report on Wednesday, April 17th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus price target of GBX 466.25 ($5.80).

ASOS Stock Down 0.4 %

Shares of LON:ASC opened at GBX 356.80 ($4.44) on Thursday. The company has a market capitalization of £425.77 million, a PE ratio of -167.51, a P/E/G ratio of -1.26 and a beta of 2.72. The company has a current ratio of 1.73, a quick ratio of 0.39 and a debt-to-equity ratio of 115.59. ASOS has a twelve month low of GBX 320.33 ($3.99) and a twelve month high of GBX 794 ($9.88). The firm has a 50 day simple moving average of GBX 361.60 and a 200-day simple moving average of GBX 379.79.

Insider Activity at ASOS

In other news, insider William Barker acquired 13,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was bought 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 owned by insiders.

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.