Shore Capital Reiterates “Sell” Rating for AO World (AO)

Shore Capital reaffirmed their sell rating on shares of AO World (LON:AO) in a research report report published on Thursday.

AO has been the subject of a number of other research reports. Peel Hunt restated a buy rating and issued a GBX 145 ($1.97) target price on shares of AO World in a research report on Friday, December 1st. Numis Securities restated a buy rating and issued a GBX 200 ($2.71) target price on shares of AO World in a research report on Thursday. Jefferies Group restated a hold rating and issued a GBX 120 ($1.63) target price on shares of AO World in a research report on Tuesday, January 2nd. Finally, JPMorgan Chase & Co. dropped their target price on AO World from GBX 140 ($1.90) to GBX 125 ($1.70) and set a neutral rating for the company in a research report on Wednesday, November 22nd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 145.67 ($1.98).

Shares of AO World (LON AO) opened at GBX 140.80 ($1.91) on Thursday. The firm has a market capitalization of $645.97 and a P/E ratio of -3,520.00. AO World has a 12-month low of GBX 98 ($1.33) and a 12-month high of GBX 178 ($2.41).

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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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