ASOS (LON:ASC) Given “Buy” Rating at Shore Capital

Shore Capital reaffirmed their buy rating on shares of ASOS (LON:ASC) in a research note published on Monday, Marketbeat Ratings reports.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 600 price target on shares of ASOS in a research report on Thursday, April 24th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, ASOS has a consensus rating of “Hold” and a consensus target price of GBX 445.

ASOS Stock Performance

Shares of LON ASC opened at GBX 304.81 on Monday. The stock has a 50 day moving average price of GBX 316.70 and a 200 day moving average price of GBX 312.36. ASOS has a 52 week low of GBX 223.20 and a 52 week high of GBX 454.20. The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61. The stock has a market capitalization of £365.38 million, a PE ratio of -1.08, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86.

ASOS Company Profile

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.