AO World PLC (AO) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of AO World PLC (LON:AO) have been assigned a consensus rating of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 152.60 ($2.01).
A number of brokerages have recently commented on AO. Numis Securities Ltd restated a “buy” rating and issued a GBX 225 ($2.96) target price on shares of AO World PLC in a research note on Friday, July 21st. Shore Capital restated a “sell” rating on shares of AO World PLC in a research note on Tuesday, July 18th. Finally, J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 140 ($1.84) target price on shares of AO World PLC in a research note on Monday, July 24th.
TRADEMARK VIOLATION NOTICE: “AO World PLC (AO) Receives Consensus Recommendation of “Hold” from Brokerages” was first reported by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/11/ao-world-plc-ao-receives-consensus-recommendation-of-hold-from-brokerages.html.
AO World PLC (AO) remained flat at GBX 111.50 on Wednesday. The stock had a trading volume of 109,191 shares. The firm’s market capitalization is GBX 511.55 million. The company has a 50-day moving average of GBX 113.00 and a 200 day moving average of GBX 125.77. AO World PLC has a 1-year low of GBX 107.50 and a 1-year high of GBX 192.30.
AO World PLC Company Profile
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.
Receive News & Ratings for AO World PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AO World PLC and related companies with MarketBeat.com's FREE daily email newsletter.