ASOS Plc (LON:ASC) Receives GBX 391 Consensus Price Target from Analysts

ASOS Plc (LON:ASC) has been given an average recommendation of “Hold” by the six brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 391 ($5.05).

Separately, Shore Capital raised shares of ASOS to a “buy” rating in a research note on Friday.

ASOS Price Performance

ASOS stock opened at GBX 301.80 ($3.90) on Friday. The business has a 50 day simple moving average of GBX 352.73 and a 200 day simple moving average of GBX 384.27. ASOS has a one year low of GBX 223.20 ($2.88) and a one year high of GBX 454.20 ($5.87). The company has a market capitalization of £361.77 million, a PE ratio of -1.07, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39.

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.