AO World PLC’s “Overweight” Rating Reaffirmed at JPMorgan Chase & Co. (AO)
AO World PLC (LON:AO)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday. They currently have a GBX 400 ($6.85) price target on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 74.67% from the company’s current price.
AO has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of AO World PLC in a research note on Thursday. They now have a GBX 410 ($7.02) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of AO World PLC in a research note on Thursday. They now have a GBX 350 ($5.99) price target on the stock.
AO World PLC (LON:AO) traded down 3.93% during mid-day trading on Friday, hitting GBX 220.00. 1,196,604 shares of the company’s stock traded hands. AO World PLC has a 52 week low of GBX 217.50 and a 52 week high of GBX 412.25. The stock has a 50-day moving average of GBX 255. and a 200-day moving average of GBX 248.8.
AO World plc is an online retailer of domestic appliances. The Company sources, sells and delivers domestic appliances, including washing machines, washer dryers, tumble dryers, dishwashers, refrigerators, freezers, ovens, range cookers and microwaves, as well as a range of small domestic appliances, including vacuums, floor cleaners, coffee machines, mixers and food processors.
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