ASOS (LON:ASC)‘s stock had its “hold” rating restated by analysts at Peel Hunt in a research note issued on Tuesday, LSE.Co.UK reports. They currently have a GBX 3,000 ($39.20) target price on the stock. Peel Hunt’s price objective would suggest a potential upside of 17.19% from the company’s previous close.
Several other brokerages also recently issued reports on ASC. HSBC set a GBX 2,430 ($31.75) price target on ASOS and gave the company a “neutral” rating in a report on Thursday, July 25th. Goldman Sachs Group set a GBX 3,200 ($41.81) price target on ASOS and gave the company a “buy” rating in a report on Monday, July 22nd. Royal Bank of Canada set a GBX 3,300 ($43.12) price target on ASOS and gave the company a “buy” rating in a report on Tuesday, October 1st. Peel Hunt reaffirmed a “hold” rating and set a GBX 3,000 ($39.20) price target on shares of ASOS in a report on Monday. Finally, UBS Group reaffirmed a “neutral” rating and set a GBX 2,800 ($36.59) price target on shares of ASOS in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. ASOS has a consensus rating of “Hold” and a consensus target price of GBX 3,196.88 ($41.77).
Shares of LON ASC traded down GBX 75 ($0.98) during trading hours on Tuesday, hitting GBX 2,560 ($33.45). The company had a trading volume of 545,201 shares, compared to its average volume of 293,510. The stock has a market capitalization of $2.16 billion and a P/E ratio of 35.31. The company has a quick ratio of 0.11, a current ratio of 0.85 and a debt-to-equity ratio of 12.69. ASOS has a 1-year low of GBX 2,033 ($26.56) and a 1-year high of GBX 6,152 ($80.39). The firm’s 50 day moving average is GBX 2,470.32 and its 200-day moving average is GBX 2,944.53.
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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