The Goldman Sachs Group Analysts Give ASOS (LON:ASC) a GBX 850 Price Target

The Goldman Sachs Group set a GBX 850 ($10.05) price objective on ASOS (LON:ASCGet Rating) in a report published on Monday morning, Borsen Zeitung reports.

Several other research firms have also recently commented on ASC. Jefferies Financial Group set a GBX 625 ($7.39) price target on ASOS in a research note on Wednesday, October 26th. Barclays set a GBX 590 ($6.98) price target on ASOS in a research note on Monday, November 14th. Berenberg Bank set a GBX 1,200 ($14.19) price target on ASOS in a research note on Tuesday, October 25th. UBS Group set a GBX 1,250 ($14.78) price objective on ASOS in a report on Thursday, November 17th. Finally, Royal Bank of Canada set a GBX 850 ($10.05) price objective on ASOS in a report on Wednesday, October 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus target price of GBX 1,397.92 ($16.53).

ASOS Trading Up 2.2 %

LON:ASC opened at GBX 665 ($7.86) on Monday. The company has a debt-to-equity ratio of 84.34, a quick ratio of 0.42 and a current ratio of 1.49. ASOS has a one year low of GBX 459.90 ($5.44) and a one year high of GBX 2,580.99 ($30.52). The business’s 50-day simple moving average is GBX 615.15 and its 200 day simple moving average is GBX 891.58. The stock has a market cap of £665.10 million and a price-to-earnings ratio of 2,145.16.

Insider Activity

In other news, insider José Antonio Ramos Calamonte sold 4,915 shares of the company’s stock in a transaction that occurred on Monday, October 31st. The stock was sold at an average price of GBX 559 ($6.61), for a total transaction of £27,474.85 ($32,487.70). In other news, insider José Antonio Ramos Calamonte sold 4,915 shares of the company’s stock in a transaction that occurred on Monday, October 31st. The stock was sold at an average price of GBX 559 ($6.61), for a total transaction of £27,474.85 ($32,487.70). Also, insider Jørgen Lindemann bought 48,000 shares of the stock in a transaction dated Wednesday, October 19th. The shares were bought at an average cost of GBX 549 ($6.49) per share, with a total value of £263,520 ($311,599.86).

ASOS Company Profile

(Get Rating)

ASOS Plc operates as an online fashion retailer worldwide. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT brands, as well as through third-party brands. It is also involved in the employer of marketing staff and payment processing businesses.

Further Reading

Analyst Recommendations for ASOS (LON:ASC)

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