Peel Hunt Reaffirms Buy Rating for AO World (AO)
Several other brokerages have also issued reports on AO. JPMorgan Chase & Co. decreased their price target on shares of AO World from GBX 140 ($1.90) to GBX 125 ($1.70) and set a neutral rating for the company in a report on Wednesday, November 22nd. Shore Capital reissued a sell rating on shares of AO World in a report on Tuesday, November 21st. Jefferies Group reissued a hold rating and issued a GBX 120 ($1.63) price target on shares of AO World in a report on Tuesday, January 2nd. Finally, Numis Securities reissued a buy rating and issued a GBX 200 ($2.71) price target on shares of AO World in a report on Thursday. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 145.67 ($1.98).
Shares of AO World (LON AO) traded down GBX 0.20 ($0.00) during trading on Thursday, hitting GBX 140.80 ($1.91). 822,226 shares of the company’s stock traded hands, compared to its average volume of 330,518. The company has a market cap of $645.97 and a PE ratio of -3,520.00. AO World has a 52 week low of GBX 98 ($1.33) and a 52 week high of GBX 178 ($2.41).
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AO World Plc is an online retailer of electrical products. The Company operates through two segments: online retailing of domestic appliances to customers in the UK, and online retailing of domestic appliances to customers in Europe (excluding the United Kingdom). The Company offers over 5,500 stock keeping units (SKUs) in the United Kingdom, approximately 2,000 in Germany and over 600 in the Netherlands.
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