ASOS Plc (LON:ASC) Stock Has Average Target Price of GBX 440.71

ASOS Plc (LON:ASC) has been assigned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 440.71.

ASC has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their price target on shares of ASOS from GBX 285 to GBX 330 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Shore Capital Group upgraded shares of ASOS to a “buy” rating and set a GBX 520 price objective for the company in a research note on Thursday, September 24th. Berenberg Bank raised their price objective on ASOS from GBX 600 to GBX 750 and gave the stock a “buy” rating in a report on Thursday, September 24th. Finally, Royal Bank Of Canada raised their price objective on ASOS from GBX 275 to GBX 400 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th.

ASOS Trading Down 1.0%

LON ASC opened at GBX 451 on Friday. The company has a debt-to-equity ratio of 855.63, a current ratio of 0.95 and a quick ratio of 0.39. The firm’s fifty day moving average price is GBX 427.83 and its 200 day moving average price is GBX 328.14. The company has a market capitalization of £539.62 million, a price-to-earnings ratio of -2.33, a price-to-earnings-growth ratio of -1.26 and a beta of 2.32. ASOS has a 12 month low of GBX 206.50 and a 12 month high of GBX 517.

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.