ASOS (LON:ASC) Rating Reiterated by Berenberg Bank

Berenberg Bank reissued their buy rating on shares of ASOS (LON:ASC) in a report released on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 490 ($6.44) price target on the stock.

ASOS Stock Down 1.0 %

LON:ASC opened at GBX 429.80 ($5.65) on Thursday. ASOS has a one year low of GBX 328.84 ($4.32) and a one year high of GBX 453.80 ($5.97). The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39. The company has a market cap of £511.93 million, a PE ratio of -215.98, a P/E/G ratio of -1.26 and a beta of 2.86. The firm’s 50 day simple moving average is GBX 364 and its 200 day simple moving average is GBX 360.60.

About ASOS

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.