ASOS PLC/ADR (OTCMKTS:ASOMY) Given Equal Weight Rating at Barclays

Barclays reissued their equal weight rating on shares of ASOS PLC/ADR (OTCMKTS:ASOMY) in a research note published on Tuesday morning, The Fly reports.

A number of other equities analysts have also weighed in on ASOMY. Zacks Investment Research lowered shares of ASOS PLC/ADR from a hold rating to a sell rating in a research report on Tuesday, June 23rd. Investec upgraded shares of ASOS PLC/ADR from a hold rating to a buy rating in a report on Thursday, June 4th. Jefferies Financial Group upgraded shares of ASOS PLC/ADR from a hold rating to a buy rating in a report on Wednesday, April 8th. Morgan Stanley upgraded shares of ASOS PLC/ADR from an underweight rating to an equal weight rating in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. restated an overweight rating on shares of ASOS PLC/ADR in a report on Monday, June 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $16.00.

OTCMKTS:ASOMY opened at $42.50 on Tuesday. The firm has a 50 day simple moving average of $40.08 and a 200-day simple moving average of $35.48. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.83 and a quick ratio of 0.16. The firm has a market cap of $3.95 billion, a PE ratio of 111.84 and a beta of 4.02. ASOS PLC/ADR has a 1-year low of $12.50 and a 1-year high of $46.98.

ASOS PLC/ADR Company Profile

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.

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Analyst Recommendations for ASOS PLC/ADR (OTCMKTS:ASOMY)

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