ASOS PLC/ADR (OTCMKTS:ASOMY) Given Average Rating of “Hold” by Brokerages

Shares of ASOS PLC/ADR (OTCMKTS:ASOMY) have received a consensus recommendation of “Hold” from the ten analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $47.00.

Several research firms recently issued reports on ASOMY. Jefferies Financial Group downgraded ASOS PLC/ADR from a “buy” rating to an “underperform” rating in a report on Thursday, August 15th. Zacks Investment Research raised ASOS PLC/ADR from a “sell” rating to a “hold” rating and set a $47.00 target price on the stock in a research note on Wednesday, October 16th. ValuEngine upgraded ASOS PLC/ADR from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Finally, Stifel Nicolaus raised ASOS PLC/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th.

Shares of ASOMY traded up $0.40 during midday trading on Tuesday, hitting $39.06. 4,800 shares of the stock were exchanged, compared to its average volume of 5,317. ASOS PLC/ADR has a 52-week low of $25.99 and a 52-week high of $59.44. The stock has a fifty day simple moving average of $42.04 and a 200 day simple moving average of $35.69.

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

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