Analysts Set ASOS Plc (LON:ASC) PT at GBX 391

Shares of ASOS Plc (LON:ASC) have been given a consensus recommendation of “Hold” by the six research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 391 ($4.77).

Separately, Shore Capital restated a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th.

ASOS Stock Up 1.7 %

ASC opened at GBX 387 ($4.72) on Wednesday. ASOS has a 12 month low of GBX 328.84 ($4.01) and a 12 month high of GBX 454.20 ($5.55). The company has a current ratio of 1.51, a quick ratio of 0.39 and a debt-to-equity ratio of 158.84. The business’s 50-day moving average price is GBX 391.53 and its 200-day moving average price is GBX 387.61. The company has a market cap of £460.96 million, a P/E ratio of -194.47, a P/E/G ratio of -1.26 and a beta of 2.86.

Insider Activity

In other ASOS news, insider José Antonio Ramos Calamonte sold 1,991 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of GBX 336 ($4.10), for a total transaction of £6,689.76 ($8,167.21). Also, insider Dave Murray bought 5,800 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of GBX 346 ($4.22) per share, with a total value of £20,068 ($24,500.06). Over the last ninety days, insiders bought 537,473 shares of company stock valued at $194,840,753. Insiders own 51.44% 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.