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

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

ASC has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their price target on shares of ASOS from GBX 275 to GBX 400 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Shore Capital Group upgraded shares of ASOS to a “buy” rating and set a GBX 520 price objective for the company in a research report on Thursday, September 24th. Finally, Berenberg Bank raised their price objective on ASOS from GBX 600 to GBX 750 and gave the stock a “buy” rating in a research note on Thursday, September 24th.

ASOS Stock Up 5.5%

Shares of LON:ASC opened at GBX 445 on Thursday. The company has a 50 day moving average price of GBX 443.19 and a two-hundred day moving average price of GBX 326.33. The company has a debt-to-equity ratio of 855.63, a quick ratio of 0.39 and a current ratio of 0.95. The company has a market capitalization of £532.44 million, a PE ratio of -2.30, a PEG ratio of -1.26 and a beta of 2.32. ASOS has a 52 week low of GBX 206.50 and a 52 week 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.