ASOS (LON:ASC) Earns “Buy” Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of ASOS (LON:ASC) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.

Several other analysts also recently commented on ASC. Shore Capital reiterated a buy rating on shares of CMC Markets in a report on Wednesday, April 3rd. Barclays set a $325.00 target price on shares of Align Technology and gave the company a buy rating in a report on Thursday, April 11th. Jefferies Financial Group reiterated a hold rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Goldman Sachs Group downgraded shares of JSR from a neutral rating to a sell rating in a report on Friday, June 21st. Finally, Numis Securities downgraded shares of Whitbread to a hold rating and set a GBX 5,400 ($70.56) price objective for the company. in a report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. ASOS currently has a consensus rating of Buy and an average target price of GBX 4,267.80 ($55.77).

Shares of ASC stock opened at GBX 2,743 ($35.84) on Monday. The firm has a 50-day moving average price of GBX 2,927.18. The stock has a market capitalization of $2.30 billion and a P/E ratio of 37.83. The company has a debt-to-equity ratio of 12.69, a quick ratio of 0.11 and a current ratio of 0.85. ASOS has a one year low of GBX 2,114 ($27.62) and a one year high of GBX 6,298 ($82.29).

ASOS 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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Analyst Recommendations for ASOS (LON:ASC)

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