Numis Securities Ltd restated their buy rating on shares of AO World PLC (LON:AO) in a research note published on Tuesday morning. They currently have a GBX 250 ($3.12) target price on the stock.

AO World PLC (LON:AO) opened at 166.90 on Tuesday. The stock’s market capitalization is GBX 702.74 million. AO World PLC has a 52-week low of GBX 119.60 and a 52-week high of GBX 198.00. The firm’s 50-day moving average is GBX 169.88 and its 200 day moving average is GBX 160.73.

In other news, insider Geoff Cooper acquired 100,000 shares of the firm’s stock in a transaction on Friday, September 30th. The shares were purchased at an average cost of GBX 169 ($2.11) per share, with a total value of £169,000 ($211,144.43).

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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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