ASOS (LON:ASC – Free Report) had its price target reduced by Berenberg Bank from GBX 510 ($6.35) to GBX 490 ($6.10) in a research report report published on Wednesday, MarketBeat Ratings reports. They currently have a buy rating on the stock.
Separately, Shore Capital reiterated a sell rating on shares of ASOS in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of GBX 511 ($6.36).
View Our Latest Analysis on ASC
ASOS Price Performance
Insider Transactions at ASOS
In other ASOS news, insider William Barker purchased 13,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average price of GBX 365 ($4.54) per share, for a total transaction of £47,450 ($59,068.84). Insiders own 50.18% of the company’s stock.
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.
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