Other equities analysts have also issued reports about the stock. J P Morgan Chase & Co reissued a neutral rating and issued a GBX 140 ($1.82) target price on shares of AO World PLC in a report on Wednesday, June 7th. Jefferies Group LLC lowered shares of AO World PLC to a hold rating and decreased their target price for the company from GBX 192 ($2.50) to GBX 140 ($1.82) in a report on Thursday, June 8th. Finally, Numis Securities Ltd restated a buy rating and issued a GBX 225 ($2.93) price target on shares of AO World PLC in a research note on Friday, March 31st. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 152 ($1.98).
AO World PLC (LON AO) traded down 0.64% during mid-day trading on Tuesday, hitting GBX 117.25. The stock had a trading volume of 98,676 shares. AO World PLC has a one year low of GBX 114.75 and a one year high of GBX 192.30. The stock’s market cap is GBX 537.93 million. The firm’s 50-day moving average is GBX 118.82 and its 200 day moving average is GBX 137.80.
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In other AO World PLC news, insider John Roberts bought 769,230 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The shares were acquired at an average cost of GBX 130 ($1.69) per share, for a total transaction of £999,999 ($1,302,251.60).
About AO World PLC
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.
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