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ASOS (LON:ASC) Receives Buy Rating from Shore Capital

ASOS logo with Consumer Cyclical background

Shore Capital restated their buy rating on shares of ASOS (LON:ASC - Free Report) in a research report sent to investors on Monday, Marketbeat reports.

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 600 price objective on shares of ASOS in a report on Thursday, April 24th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of GBX 445.

Check Out Our Latest Research Report on ASC

ASOS Stock Performance

Shares of ASC stock traded up GBX 5.50 during midday trading on Monday, hitting GBX 310. 100,128 shares of the company were exchanged, compared to its average volume of 355,928. The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61. The firm has a market capitalization of £371.60 million, a P/E ratio of -1.10, a PEG ratio of -1.26 and a beta of 2.86. ASOS has a 52 week low of GBX 223.20 and a 52 week high of GBX 454.20. The firm's 50 day moving average price is GBX 316.58 and its two-hundred day moving average price is GBX 311.64.

ASOS Company Profile

(Get Free Report)

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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