November 23, 2016 - By Ellis Scott
In analysts note revealed to investors on today, JP Morgan Cazenove reconfirmed their Neutral rating on AO World (LON:AO)‘s stock. The target price per share gives a potential upside of 21.43% from firm’s close price.
Out of 4 analysts covering Ao World (LON:AO), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. GBX 250 is the highest target while GBX 192 is the lowest. The GBX 214 average target is 28.22% above today’s (GBX 166.9) stock price. Ao World has been the topic of 27 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Thursday, July 21 the stock rating was maintained by Numis Securities with “Buy”. JP Morgan maintained the shares of AO in a report on Wednesday, November 23 with “Neutral” rating. The firm has “Buy” rating given on Monday, September 21 by Shore Capital. The stock of AO World PLC (LON:AO) earned “Buy” rating by Jefferies on Tuesday, November 24. The stock of AO World PLC (LON:AO) has “Neutral” rating given on Friday, April 1 by JP Morgan. Shore Capital maintained AO World PLC (LON:AO) on Thursday, March 3 with “Hold” rating. Jefferies maintained AO World PLC (LON:AO) rating on Tuesday, November 22. Jefferies has “Buy” rating and GBX 192 price target. On Friday, July 22 the stock rating was maintained by JP Morgan with “Neutral”. The rating was maintained by Numis Securities on Tuesday, January 12 with “Buy”. The company was maintained on Friday, October 2 by Shore Capital.
About 23,583 shares traded hands. AO World PLC (LON:AO) has declined 3.44% since April 22, 2016 and is downtrending. It has underperformed by 8.77% the S&P500.
AO World Plc is an online retailer of electrical products. The company has a market cap of 702.74 million GBP. The Firm operates through two divisions: online retailing of domestic appliances to clients in the UK, and online retailing of domestic appliances to clients in Europe . It currently has negative earnings. The Firm offers over 5,500 stock keeping units (SKUs) in the United Kingdom, approximately 2,000 in Germany and over 600 in the Netherlands.
More important recent AO World PLC (LON:AO) news were published by: Bloomberg.com which released: “AO World’s Brexit Moment” on November 22, 2016, also Uk.Finance.Yahoo.com published article titled: “-LSE Ticker: JTNFH4/ISIN: GB00BJTNFH41”, Fool.Co.Uk published: “Should you avoid online ‘darlings’ Ocado Group plc, AO World plc and Just Eat plc?” on May 24, 2016. More interesting news about AO World PLC (LON:AO) was released by: Bloomberg.com and their article: “Online Retailer AO World Surges on London Trading Debut” with publication date: February 26, 2014.
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By Ellis Scott