ASOS (LON:ASC – Get Free Report)‘s stock had its “equal weight” rating restated by research analysts at Barclays in a research note issued on Thursday, Digital Look reports.
ASC has been the subject of a number of other research reports. Berenberg Bank decreased their target price 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 note on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 500 ($6.22) target price on shares of ASOS in a research note on Thursday. Finally, Shore Capital reaffirmed a “sell” rating on shares of ASOS in a research note on Wednesday. One equities 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’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 466.25 ($5.80).
View Our Latest Report on ASOS
ASOS Stock Up 3.5 %
Insider Buying and Selling
In related news, insider William Barker bought 474,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were bought at an average price of GBX 364 ($4.53) per share, for a total transaction of £1,725,360 ($2,147,840.16). 50.18% of the stock is currently 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.
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