ASOS Plc (LON:ASC) Given Average Rating of “Moderate Buy” by Analysts

Shares of ASOS Plc (LON:ASC) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 419.29.

Several research firms have recently weighed in on ASC. Shore Capital Group lifted their price objective on ASOS from GBX 420 to GBX 520 and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada increased their target price on shares of ASOS from GBX 275 to GBX 400 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Berenberg Bank restated a “buy” rating and issued a GBX 600 price target on shares of ASOS in a report on Thursday. JPMorgan Chase & Co. lifted their price target on shares of ASOS from GBX 285 to GBX 330 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of ASOS from GBX 375 to GBX 400 and gave the stock a “buy” rating in a research note on Tuesday, May 12th.

ASOS Stock Performance

Shares of LON:ASC opened at GBX 419 on Friday. The firm has a market capitalization of £501.33 million, a PE ratio of -2.17, a P/E/G ratio of -1.26 and a beta of 2.31. The company has a debt-to-equity ratio of 855.63, a current ratio of 0.95 and a quick ratio of 0.39. The business has a 50-day moving average of GBX 355.89 and a two-hundred day moving average of GBX 286.93. ASOS has a 12 month low of GBX 206.50 and a 12 month high of GBX 421.50.

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.