ASOS (LON:ASC – Get Free Report)‘s stock had its “sell” rating reiterated by investment analysts at Shore Capital in a note issued to investors on Wednesday, MarketBeat Ratings reports.
Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 600 ($7.47) price objective on shares of ASOS in a research report on Thursday, February 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 466.25 ($5.80).
ASOS Trading Up 2.5 %
Insider Activity at ASOS
In other news, insider William Barker purchased 13,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average price of GBX 365 ($4.54) per share, with a total value of £47,450 ($59,068.84). 50.18% of the stock is owned by company insiders.
ASOS Company Profile
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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