AO World (LON:AO – Get Free Report) had its price objective boosted by stock analysts at Canaccord Genuity Group from GBX 52 ($0.65) to GBX 75 ($0.93) in a research report issued to clients and investors on Wednesday, Digital Look reports. The firm currently has a “sell” rating on the stock. Canaccord Genuity Group’s target price suggests a potential downside of 27.88% from the company’s previous close.
Separately, Shore Capital raised AO World to a “buy” rating in a report on Wednesday, April 10th.
Check Out Our Latest Report on AO World
AO World Stock Down 1.5 %
Insider Buying and Selling at AO World
In other news, insider Chris Hopkinson acquired 14,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was bought at an average cost of GBX 90 ($1.12) per share, for a total transaction of £12,600 ($15,685.30). Corporate insiders own 50.77% of the company’s stock.
AO World Company Profile
AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances the United Kingdom and Germany. It retails fridge and freezers; laundry products; dishwashers; and audiovisual equipment, as well as computing, mobile, gaming, and smart home technology products. The company provides logistics and transport services.
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