ASOS PLC/ADR (OTCMKTS:ASOMY) – Equities research analysts at Jefferies Financial Group issued their FY2019 earnings per share (EPS) estimates for ASOS PLC/ADR in a research report issued to clients and investors on Thursday, August 15th. Jefferies Financial Group analyst C. Gulliver forecasts that the company will post earnings per share of $0.35 for the year. Jefferies Financial Group currently has a “Underperform” rating on the stock. Jefferies Financial Group also issued estimates for ASOS PLC/ADR’s FY2020 earnings at $0.57 EPS and FY2021 earnings at $1.06 EPS.
Several other analysts have also recently weighed in on the stock. Zacks Investment Research upgraded shares of ASOS PLC/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th. UBS Group cut shares of ASOS PLC/ADR from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 25th. Barclays cut shares of ASOS PLC/ADR from an “overweight” rating to an “equal weight” rating in a research note on Friday, July 19th. JPMorgan Chase & Co. cut shares of ASOS PLC/ADR from an “overweight” rating to a “neutral” rating in a research note on Sunday, July 21st. Finally, HSBC cut shares of ASOS PLC/ADR from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $48.00.
About ASOS PLC/ADR
ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, and Russia. The company offers womenswear, menswear, and sportswear products. It sells approximately 85,000 branded and ASOS brand products primarily through its Website, asos.com, as well as through social media platforms and magazines.
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