ASOS Plc (LON:ASC) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Six analysts give ASOS a consensus rating of "Moderate Buy" (four buys, two holds) with an average 1‑year price target of GBX 383.33 and broker targets as high as GBX 600.
• Sizable insider buying: Insider William Barker purchased 132,455 shares at GBX 381 on Jan 20; insiders bought 223,531 shares over the past three months and now own 18.40% of the company.
• Mixed financials and recent price action: ASOS opened at GBX 239 (up 12.7%), with a market cap of £285.46m, but carries a very high debt‑to‑equity ratio (342.8) and a negative P/E (‑0.96), indicating leverage and ongoing losses.

Shares of ASOS Plc (LON:ASC - Get Free Report) have been given an average rating of "Moderate Buy" by the six analysts that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 383.33.

ASC has been the topic of several analyst reports. Berenberg Bank reiterated a "buy" rating and set a GBX 600 target price on shares of ASOS in a report on Wednesday. Shore Capital Group restated a "buy" rating and issued a GBX 400 price target on shares of ASOS in a research note on Thursday, December 4th.

ASOS Trading Up 12.7%

ASOS stock opened at GBX 239 on Wednesday. The firm has a 50-day moving average of GBX 279.94 and a 200-day moving average of GBX 268.44. ASOS has a one year low of GBX 206.50 and a one year high of GBX 375.30. The company has a debt-to-equity ratio of 342.80, a current ratio of 1.02 and a quick ratio of 0.39. The company has a market cap of £285.46 million, a price-to-earnings ratio of -0.96, a P/E/G ratio of -1.26 and a beta of 2.30.

Insider Activity at ASOS

In other news, insider William Barker bought 132,455 shares of the firm's stock in a transaction that occurred on Tuesday, January 20th. The stock was acquired at an average cost of GBX 381 per share, with a total value of £504,653.55. Over the last three months, insiders purchased 223,531 shares of company stock valued at $76,003,437. Corporate insiders own 18.40% of the company's stock.

About ASOS

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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