ASOS Plc (LON:ASC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

ASOS Plc (LON:ASC) has received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 383.33.

Several equities analysts have recently commented on the stock. Panmure Gordon restated a “hold” rating and set a GBX 350 price target on shares of ASOS in a report on Monday, November 24th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of ASOS from GBX 440 to GBX 375 and set a “buy” rating for the company in a research note on Friday, November 21st. Berenberg Bank restated a “buy” rating and set a GBX 600 target price on shares of ASOS in a research note on Thursday, November 13th. Peel Hunt restated an “add” rating and issued a GBX 335 price target on shares of ASOS in a research report on Thursday, November 13th. Finally, Shore Capital restated a “buy” rating and set a GBX 400 price objective on shares of ASOS in a research report on Thursday, December 4th.

ASOS Stock Performance

Shares of ASC opened at GBX 270 on Friday. The stock has a market capitalization of £322.49 million, a P/E ratio of -1.08, a P/E/G ratio of -1.26 and a beta of 2.86. ASOS has a 12-month low of GBX 215 and a 12-month high of GBX 454.20. The firm’s 50 day moving average is GBX 246.86 and its 200-day moving average is GBX 283.87. The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39.

ASOS (LON:ASC) last posted its quarterly earnings data on Friday, November 21st. The company reported GBX (250.10) earnings per share for the quarter. ASOS had a negative return on equity of 59.37% and a negative net margin of 11.66%. Equities research analysts anticipate that ASOS will post 12.4165252 EPS for the current fiscal year.

Insider Activity at ASOS

In other news, insider Aaron Izzard sold 604 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of GBX 219, for a total value of £1,322.76. Also, insider José Antonio Ramos Calamonte sold 13,061 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of GBX 219, for a total transaction of £28,603.59. Corporate insiders own 18.03% of the company’s stock.

About ASOS

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.