Skip to main content

ASOS (OTCMKTS:ASOMYGet a rating) has been updated by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note published on Tuesday, Zacks.com reports.

According to Zacks, “ASOS Plc is an online fashion destination. It offers branded and own-brand product lines, including women’s and men’s apparel, footwear, accessories, jewelry, and beauty and personal care products, primarily through its website, asos.com. The company mainly operates in the United Kingdom, France, Germany, Italy, Spain, Australia, the United States, Russia and China. ASOS Plc is based in London, UK. “

A number of other research companies have also weighed in on ASOMY recently. Deutsche Bank Aktiengesellschaft cut its price target on ASOS shares from 3,850 GBX ($47.47) to 2,900 GBX ($35.75) in a Thursday, April 14 report. JPMorgan Chase & Co. cut its price target on ASOS shares from 3,300 GBX ($40.69) to 2,900 GBX ($35.75) in a Friday, March 11 report. Barclays lowered its price target on ASOS shares from 2,280 GBX ($28.11) to 2,125 GBX ($26.20) in a Wednesday, April 13 report. Berenberg Bank lowered its price target on ASOS shares from 5,500 GBX ($67.81) to 4,100 GBX ($50.55) in a Wednesday, April 13 report. Finally, Societe Generale lowered its price target on ASOS shares from 4,800 GBX ($59.18) to 4,000 GBX ($49.32) in a Wednesday, April 13 report. Nine investment analysts gave the stock a hold rating and seven gave the company a buy rating. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $2,824.50.

Shares of ASOS stock traded at $0.46 during midday trading on Tuesday, hitting $16.31. 15,587 shares of the company were traded, compared to its average volume of 14,636. The company’s 50-day simple moving average is $20.44 and its 200-day simple moving average is $27.51 . The company has a quick ratio of 0.75, a current ratio of 1.56 and a debt ratio of 0.74. ASOS has a 52-week low of $15.76 and a 52-week high of $74.68.

ASOS Company Profile (Get a rating)

ASOS Plc operates as an online fashion retailer worldwide. It offers feminine and masculine 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. He is also involved in employing marketing staff and payment processing companies.

Recommended Stories

Get a Free Copy of Zacks Research Report on ASOS (ASOMY)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Analyst Recommendations for ASOS (OTCMKTS: ASOMY)



Get news and reviews for ASOS Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for ASOS and related companies with MarketBeat.com’s free daily email newsletter.