Jefferies Financial Group Reiterates “Underperform” Rating for ASOS (OTCMKTS:ASOMF)

Jefferies Financial Group restated their underperform rating on shares of ASOS (OTCMKTS:ASOMF) in a research report report published on Thursday, Briefing.com Automated Import reports.

ASOMF has been the topic of several other reports. JPMorgan Chase & Co. reissued a neutral rating on shares of ASOS in a research note on Monday, July 22nd. Berenberg Bank reissued a hold rating on shares of ASOS in a research note on Tuesday, July 30th. Barclays cut ASOS from an overweight rating to an equal weight rating in a research note on Friday, July 19th. HSBC reissued a hold rating on shares of ASOS in a research note on Thursday, July 25th. Finally, Morgan Stanley raised ASOS from an underweight rating to an equal weight rating in a research note on Wednesday, July 24th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of Hold.

Shares of OTCMKTS ASOMF remained flat at $$27.72 during trading hours on Thursday. ASOS has a 1 year low of $26.85 and a 1 year high of $73.00. The stock has a 50 day moving average of $38.85 and a two-hundred day moving average of $43.46.

ASOS 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 (OTCMKTS:ASOMF)

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