Shore Capital Reiterates Sell Rating for AO World plc (AO)
AO World plc (LON:AO)‘s stock had its “sell” rating reiterated by Shore Capital in a report released on Tuesday.
AO has been the subject of a number of other research reports. Peel Hunt assumed coverage on AO World plc in a research report on Thursday, November 16th. They set a “buy” rating and a GBX 145 ($1.91) price objective for the company. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 140 ($1.84) price target on shares of AO World plc in a research report on Monday, July 24th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 151 ($1.99).
AO World plc (LON AO) traded down GBX 2.25 ($0.03) on Tuesday, reaching GBX 112.75 ($1.48). The company had a trading volume of 326,218 shares, compared to its average volume of 424,188. AO World plc has a 52-week low of GBX 98 ($1.29) and a 52-week high of GBX 192.30 ($2.53).
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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