ASOS PLC/ADR (ASOMY) Given Consensus Recommendation of “Hold” by Brokerages
ASOS PLC/ADR (OTCMKTS:ASOMY) has been assigned a consensus rating of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company.
Separately, Zacks Investment Research raised shares of ASOS PLC/ADR from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Monday, March 25th.
Shares of ASOMY opened at $45.22 on Friday. ASOS PLC/ADR has a one year low of $26.76 and a one year high of $91.66. The stock has a market capitalization of $3.87 billion, a PE ratio of 34.26, a PEG ratio of 8.46 and a beta of 3.70.
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.
Further Reading: Intrinsic Value
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