ASOS (LON:ASC – Get Free Report)‘s stock had its “hold” rating reiterated by Jefferies Financial Group in a research report issued on Thursday, MarketBeat.com reports. They presently have a GBX 375 ($4.67) price objective on the stock. Jefferies Financial Group’s target price suggests a potential upside of 5.10% from the company’s previous close.
A number of other equities analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 500 ($6.22) price target on shares of ASOS in a report on Thursday. Berenberg Bank reduced their price target on ASOS from GBX 510 ($6.35) to GBX 490 ($6.10) and set a “buy” rating on the stock in a research report on Wednesday. Shore Capital reissued a “sell” rating on shares of ASOS in a research note on Wednesday. Finally, Barclays reaffirmed an “equal weight” rating on shares of ASOS in a research note on Thursday. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, ASOS currently has a consensus rating of “Hold” and a consensus price target of GBX 466.25 ($5.80).
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ASOS Stock Down 0.4 %
Insider Activity at ASOS
In other ASOS news, insider William Barker bought 474,000 shares of the stock in a transaction on Monday, February 26th. The stock was acquired at an average cost of GBX 364 ($4.53) per share, for a total transaction of £1,725,360 ($2,147,840.16). 50.18% of the stock is owned by corporate 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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