ASOS PLC/ADR (OTCMKTS:ASOMY) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a hold rating to a sell rating in a report published on Thursday, reports.

According to Zacks, “ASOS Plc is an online fashion destination. It offers branded and own-branded product lines, including womenswear and menswear, footwear, accessories, jewelry and beauty and grooming products primarily through its Website, The company operates primarily in the United Kingdom, France, Germany, Italy, Spain, Australia, the United States, Russia and China. ASOS Plc is based in London, United Kingdom. “

Separately, UBS Group lowered shares of to a neutral rating and lifted their price target for the stock from GBX 3,300 ($43.12) to GBX 3,500 ($45.73) in a research note on Tuesday, June 25th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $48.00.

Shares of OTCMKTS:ASOMY opened at $32.29 on Thursday. The stock’s fifty day moving average is $38.41. ASOS PLC/ADR has a 12 month low of $26.76 and a 12 month high of $83.63. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of 24.46, a P/E/G ratio of 6.20 and a beta of 2.80.


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,, as well as through social media platforms and magazines.

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