AO World PLC (AO) Receives Average Rating of “Hold” from Brokerages
Shares of AO World PLC (LON:AO) have earned a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 152.60 ($1.97).
Several research firms have issued reports on AO. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 225 ($2.91) price target on shares of AO World PLC in a report on Friday, July 21st. Shore Capital reaffirmed a “sell” rating on shares of AO World PLC in a report on Tuesday, June 6th. Jefferies Group LLC lowered shares of AO World PLC to a “hold” rating and dropped their price objective for the company from GBX 192 ($2.48) to GBX 140 ($1.81) in a report on Thursday, June 8th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 140 ($1.81) price objective on shares of AO World PLC in a report on Monday, July 24th.
AO World PLC (AO) traded up 4.23% during trading on Friday, hitting GBX 117.00. The stock had a trading volume of 956,578 shares. AO World PLC has a 12 month low of GBX 109.00 and a 12 month high of GBX 192.30. The stock’s market cap is GBX 536.78 million. The firm has a 50 day moving average of GBX 115.59 and a 200-day moving average of GBX 130.38.
About AO World PLC
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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