ASOS (LON:ASC) Rating Reiterated by Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of ASOS (LON:ASC) in a research report report published on Thursday morning, Marketbeat reports. Jefferies Financial Group currently has a GBX 375 ($4.67) price target on the stock.

A number of other research firms have also issued reports on ASC. Shore Capital reissued a sell rating on shares of ASOS in a research report on Wednesday. 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. Barclays reissued an equal weight rating on shares of ASOS in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reissued a buy rating and issued a GBX 500 ($6.22) price target on shares of ASOS in a research report on Thursday. One investment 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. According to data from MarketBeat.com, ASOS has a consensus rating of Hold and a consensus target price of GBX 466.25 ($5.80).

ASOS Stock Performance

Shares of ASC opened at GBX 356.80 ($4.44) on Thursday. ASOS has a one year low of GBX 320.33 ($3.99) and a one year high of GBX 794 ($9.88). The company has a 50-day moving average of GBX 361.60 and a two-hundred day moving average of GBX 379.75. The stock has a market cap of £425.77 million, a price-to-earnings ratio of -167.51, a PEG ratio of -1.26 and a beta of 2.72. The company has a debt-to-equity ratio of 115.59, a current ratio of 1.73 and a quick ratio of 0.39.

Insider Activity at ASOS

In other ASOS news, insider William Barker acquired 13,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price of GBX 365 ($4.54) per share, with a total value of £47,450 ($59,068.84). Insiders own 50.18% of the company’s stock.

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.