ASOS Plc (LON:ASC) Given Consensus Rating of “Hold” by Analysts

Shares of ASOS Plc (LON:ASC) have earned an average recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 417.50 ($5.46).

ASC has been the subject of a number of research reports. Shore Capital reiterated a “sell” rating on shares of ASOS in a report on Tuesday. Barclays cut ASOS to an “underweight” rating and cut their price objective for the stock from GBX 300 ($3.92) to GBX 290 ($3.79) in a report on Monday. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.41) price objective on shares of ASOS in a report on Thursday, September 5th.

ASOS Price Performance

ASOS stock opened at GBX 432.50 ($5.66) on Thursday. ASOS has a 52 week low of GBX 328.84 ($4.30) and a 52 week high of GBX 453.80 ($5.93). The business has a 50-day simple moving average of GBX 368 and a 200 day simple moving average of GBX 361.86. The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84. The stock has a market cap of £515.15 million, a price-to-earnings ratio of -215.18, a PEG ratio of -1.26 and a beta of 2.86.

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.