JPMorgan Chase & Co. Reaffirms Neutral Rating for AO World (AO)

AO World (LON:AO)‘s stock had its “neutral” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research note issued on Friday. They presently have a GBX 125 ($1.70) price target on the stock. JPMorgan Chase & Co.’s target price indicates a potential downside of 11.22% from the stock’s previous close.

A number of other research analysts also recently commented on AO. Peel Hunt reissued a “buy” rating and issued a GBX 145 ($1.97) price target on shares of AO World in a report on Thursday. Shore Capital reissued a “sell” rating on shares of AO World in a report on Thursday. Numis Securities reissued a “buy” rating and issued a GBX 200 ($2.71) price target on shares of AO World in a report on Thursday. Finally, Jefferies Group reissued a “hold” rating and issued a GBX 120 ($1.63) price target on shares of AO World in a report on Tuesday, January 2nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. AO World currently has an average rating of “Hold” and an average target price of GBX 145.67 ($1.98).

AO World (LON:AO) traded down GBX 0.20 ($0.00) during mid-day trading on Friday, hitting GBX 140.80 ($1.91). The stock had a trading volume of 822,226 shares, compared to its average volume of 330,518. AO World has a fifty-two week low of GBX 98 ($1.33) and a fifty-two week high of GBX 178 ($2.41). The firm has a market capitalization of $645.97 and a price-to-earnings ratio of -3,520.00.

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About AO World

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.

Analyst Recommendations for AO World (LON:AO)

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