Insider Selling: ASOS plc (ASC) Insider Sells 6,081 Shares of Stock
ASOS plc (LON:ASC) insider Helen Jane Ashton sold 6,081 shares of ASOS plc stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of GBX 5,684 ($75.01), for a total value of £345,644.04 ($456,115.12).
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A number of research analysts have recently issued reports on ASC shares. Shore Capital reiterated a “buy” rating on shares of ASOS plc in a report on Tuesday, August 8th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 6,000 ($79.18) price target on shares of ASOS plc in a report on Monday, October 2nd. Liberum Capital reiterated a “buy” rating and issued a GBX 6,400 ($84.46) price target on shares of ASOS plc in a report on Tuesday, October 17th. Barclays PLC reiterated an “overweight” rating on shares of ASOS plc in a report on Wednesday, October 18th. Finally, Peel Hunt boosted their target price on ASOS plc from GBX 5,800 ($76.54) to GBX 7,000 ($92.37) and gave the stock a “buy” rating in a research note on Wednesday, July 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the stock. ASOS plc currently has a consensus rating of “Buy” and an average price target of GBX 6,232.80 ($82.25).
About ASOS plc
Asos PLC is a global fashion destination for a range of things. The Company sells and offers a range of fashion-related content on ASOS.com. The Company’s segments include UK, US, EU and RoW. It sells over 85,000 branded and own-label products through localized mobile and Web experiences, delivering from its fulfilment centers in the United Kingdom, the United States, Europe and across the world.
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