ASOS PLC/ADR (OTCMKTS:ASOMY) Downgraded by Jefferies Financial Group

Jefferies Financial Group downgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a buy rating to an underperform rating in a research report report published on Thursday morning, The Fly reports.

ASOMY has been the topic of several other reports. Zacks Investment Research upgraded ASOS PLC/ADR from a sell rating to a hold rating in a research note on Thursday, August 8th. Barclays downgraded ASOS PLC/ADR from an overweight rating to an equal weight rating in a research note on Friday, July 19th. UBS Group downgraded ASOS PLC/ADR from a buy rating to a neutral rating in a research note on Tuesday, June 25th. HSBC downgraded ASOS PLC/ADR from a buy rating to a hold rating in a research note on Thursday, July 25th. Finally, JPMorgan Chase & Co. downgraded ASOS PLC/ADR from an overweight rating to a neutral rating in a research note on Sunday, July 21st. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $48.00.

Shares of ASOMY opened at $26.42 on Thursday. The business’s fifty day simple moving average is $30.74 and its two-hundred day simple moving average is $40.24. ASOS PLC/ADR has a 12 month low of $25.99 and a 12 month high of $80.85. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 20.02, a P/E/G ratio of 8.93 and a beta of 2.79.

About ASOS PLC/ADR

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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The Fly

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

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