AO World (LON:AO) Stock Rating Reaffirmed by Shore Capital

AO World (LON:AO)‘s stock had its “sell” rating reissued by stock analysts at Shore Capital in a note issued to investors on Tuesday, November 21st.

A number of other brokerages have also recently issued reports on AO. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 140 ($1.88) target price on shares of AO World in a report on Monday, July 24th. Peel Hunt began coverage on shares of AO World in a research note on Thursday, November 16th. They set a “buy” rating and a GBX 145 ($1.95) price objective for the company. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 148.86 ($2.00).

Shares of AO World (LON AO) traded down GBX 0.75 ($0.01) during trading on Tuesday, reaching GBX 116.50 ($1.57). 346,792 shares of the company’s stock were exchanged, compared to its average volume of 357,104. AO World has a 12 month low of GBX 98 ($1.32) and a 12 month high of GBX 192.30 ($2.59).

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AO World 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.

Analyst Recommendations for AO World (LON:AO)

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