ASOS PLC/ADR (OTCMKTS:ASOMY) Earns “Buy” Rating from Stifel Nicolaus

Stifel Nicolaus reiterated their buy rating on shares of ASOS PLC/ADR (OTCMKTS:ASOMY) in a research note issued to investors on Monday, The Fly reports.

Other research analysts have also issued reports about the company. UBS Group reiterated a neutral rating on shares of ASOS PLC/ADR in a report on Monday, July 27th. Barclays reiterated an equal weight rating on shares of ASOS PLC/ADR in a report on Thursday, September 3rd. Zacks Investment Research upgraded ASOS PLC/ADR from a hold rating to a buy rating and set a $74.00 target price for the company in a report on Thursday, August 20th. Royal Bank of Canada reiterated an outperform rating on shares of ASOS PLC/ADR in a report on Wednesday, August 5th. Finally, Wells Fargo & Company reaffirmed an equal weight rating on shares of ASOS PLC/ADR in a report on Friday, May 22nd. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $74.00.

OTCMKTS:ASOMY opened at $63.29 on Monday. The firm has a market cap of $6.31 billion, a PE ratio of 166.55 and a beta of 4.10. The stock has a fifty day moving average price of $59.09 and a 200 day moving average price of $39.63. ASOS PLC/ADR has a 12-month low of $12.50 and a 12-month high of $69.04. The company has a current ratio of 0.83, a quick ratio of 0.16 and a debt-to-equity ratio of 0.56.

ASOS PLC/ADR Company Profile

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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The Fly

Analyst Recommendations for ASOS PLC/ADR (OTCMKTS:ASOMY)

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