Shore Capital Reiterates “Sell” Rating for AO World (AO)
AO World (LON:AO)‘s stock had its “sell” rating reiterated by equities research analysts at Shore Capital in a research report issued on Friday.
A number of other research analysts also recently commented on AO. Peel Hunt reaffirmed a “hold” rating on shares of AO World in a research report on Friday. Numis Securities reaffirmed a “buy” rating on shares of AO World in a research report on Thursday, July 19th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of AO World in a research report on Thursday, October 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 160 ($2.09).
Shares of LON:AO opened at GBX 119.80 ($1.57) on Friday. AO World has a 52 week low of GBX 98 ($1.28) and a 52 week high of GBX 154.40 ($2.02).
AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom, Germany, and the Netherlands. It also provides logistics and transport services; and ancillary services, such as delivery, connection and disconnection, product protection plan commission, recycling, strategic marketing income, and third-party logistics services, as well as engages in the investment activities.
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