ASOS PLC/ADR (OTCMKTS:ASOMY) Given Consensus Recommendation of “Hold” by Brokerages

ASOS PLC/ADR (OTCMKTS:ASOMY) has been given a consensus rating of “Hold” by the thirteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company.

A number of analysts have recently issued reports on the stock. Societe Generale reissued a “buy” rating on shares of ASOS PLC/ADR in a research report on Thursday, April 9th. Berenberg Bank raised shares of ASOS PLC/ADR from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. Sanford C. Bernstein raised shares of ASOS PLC/ADR from an “underperform” rating to a “market perform” rating in a research report on Tuesday, May 5th. Morgan Stanley raised shares of ASOS PLC/ADR from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. raised shares of ASOS PLC/ADR from a “neutral” rating to an “overweight” rating in a research report on Wednesday, April 15th.

Shares of ASOMY traded up $0.76 during midday trading on Tuesday, hitting $37.00. The stock had a trading volume of 31,599 shares, compared to its average volume of 5,668. ASOS PLC/ADR has a fifty-two week low of $12.50 and a fifty-two week high of $46.98. The business has a 50-day simple moving average of $30.78 and a two-hundred day simple moving average of $35.26.

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

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