ASOS (LON:ASC – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital Group in a research note issued to investors on Thursday, London Stock Exchange reports. They presently have a GBX 520 target price on the stock. Shore Capital Group‘s price objective points to a potential upside of 21.95% from the stock’s current price.
Other research analysts have also issued reports about the company. Royal Bank Of Canada increased their price objective on ASOS from GBX 275 to GBX 400 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Berenberg Bank reissued a “buy” rating and issued a GBX 750 target price on shares of ASOS in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 440.71.
Get Our Latest Research Report on ASOS
ASOS Stock Up 1.0%
LON ASC opened at GBX 426.40 on Thursday. The stock’s 50 day simple moving average is GBX 443.19 and its 200 day simple moving average is GBX 326.33. ASOS has a one year low of GBX 206.50 and a one year high of GBX 517. The firm has a market cap of £510.18 million, a PE ratio of -2.21, a price-to-earnings-growth ratio of -1.26 and a beta of 2.32. The company has a debt-to-equity ratio of 855.63, a current ratio of 0.95 and a quick ratio of 0.39.
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.
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