AO World (LON:AO) Stock Price Target Lowered at Jefferies Financial Group

AO World (LON:AO) had its price target dropped by analysts at Jefferies Financial Group from GBX 160 to GBX 155 in a report released on Friday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 66.67% from the company’s current price.

AO World Stock Down 0.4%

LON AO opened at GBX 93 on Friday. The business has a fifty day moving average price of GBX 94.06 and a two-hundred day moving average price of GBX 91.57. The stock has a market capitalization of £540.83 million, a PE ratio of 21.21, a PEG ratio of -2.13 and a beta of 1.23. AO World has a fifty-two week low of GBX 77.15 and a fifty-two week high of GBX 120.40. The company has a debt-to-equity ratio of 36.92, a current ratio of 1.09 and a quick ratio of 0.48.

Insider Activity

In other news, insider John Roberts sold 183,160 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of GBX 98, for a total value of £179,496.80. Also, insider Mark Higgins sold 105,340 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of GBX 98, for a total transaction of £103,233.20. Company insiders own 47.09% of the company’s stock.

About AO World

AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances the United Kingdom and Germany. It retails fridge and freezers; laundry products; dishwashers; and audiovisual equipment, as well as computing, mobile, gaming, and smart home technology products. The company provides logistics and transport services. In addition, it engages in the investment activities; and waste electrical and electronic equipment (WEEE) recycling activities. The company sells its products through its websites, marketplaces, and third-party websites.