ASOS (LON:ASC – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital Group in a research report issued to clients and investors on Thursday, London Stock Exchange reports. They currently have a GBX 520 price target on the stock. Shore Capital Group‘s price target points to a potential upside of 21.95% from the company’s previous close.
A number of other research analysts have also commented on the company. Royal Bank Of Canada upped their target price on ASOS from GBX 275 to GBX 400 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 750 price target on shares of ASOS in a research note on Thursday. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, ASOS currently has an average rating of “Moderate Buy” and an average target price of GBX 440.71.
Get Our Latest Research Report on ASOS
ASOS Stock Up 1.0%
Shares of ASC stock opened at GBX 426.40 on Thursday. ASOS has a 12 month low of GBX 206.50 and a 12 month 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 stock has a 50 day moving average of GBX 443.19 and a 200-day moving average of GBX 326.33. The company has a quick ratio of 0.39, a current ratio of 0.95 and a debt-to-equity ratio of 855.63.
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.
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