ASOS Plc (ASC.L) – What Are Researchers Saying About This Stock?

ASOS Plc (LON:ASC – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 440.71.

Several research analysts have recently issued reports on ASC shares. Royal Bank Of Canada raised their price target on ASOS from GBX 275 to GBX 400 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Shore Capital Group upgraded ASOS to a “buy” rating and set a GBX 520 price objective for the company in a report on Thursday, September 24th. Finally, Berenberg Bank increased their target price on ASOS from GBX 600 to GBX 750 and gave the company a “buy” rating in a research note on Thursday, September 24th.

Check Out Our Latest Research Report on ASOS

ASOS Stock Performance

Shares of ASOS stock opened at GBX 445 on Thursday. The firm has a fifty day moving average of GBX 443.19 and a two-hundred day moving average of GBX 326.33. The company has a debt-to-equity ratio of 855.63, a quick ratio of 0.39 and a current ratio of 0.95. The stock has a market capitalization of £532.44 million, a price-to-earnings ratio of -2.30, a PEG ratio of -1.26 and a beta of 2.32. ASOS has a 52 week low of GBX 206.50 and a 52 week high of GBX 517.

About ASOS

(Get Free Report)

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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Analyst Recommendations for ASOS (LON:ASC)

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