ASOS plc (OTCMKTS:ASOMF) Given Consensus Recommendation of “Hold” by Analysts

ASOS plc (OTCMKTS:ASOMF) has been given a consensus recommendation of “Hold” by the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company.

ASOMF has been the subject of several recent research reports. Jefferies Financial Group reiterated an “underperform” rating on shares of ASOS in a research note on Thursday, August 15th. HSBC restated a “hold” rating on shares of ASOS in a research note on Thursday, July 25th. Barclays cut shares of ASOS from an “overweight” rating to an “equal weight” rating in a research note on Friday, July 19th. JPMorgan Chase & Co. restated a “neutral” rating on shares of ASOS in a research note on Monday, July 22nd. Finally, Morgan Stanley upgraded shares of ASOS from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, July 24th.

OTCMKTS:ASOMF remained flat at $$28.00 during mid-day trading on Tuesday. ASOS has a 12-month low of $26.85 and a 12-month high of $73.00. The business has a 50 day simple moving average of $28.18 and a two-hundred day simple moving average of $41.72.

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 (OTCMKTS:ASOMF)

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