Jefferies Group Reiterates Buy Rating for AO World PLC (AO)
AO World PLC (LON:AO)‘s stock had its “buy” rating restated by investment analysts at Jefferies Group in a report released on Tuesday. They presently have a GBX 192 ($2.40) price target on the stock. Jefferies Group’s price target suggests a potential upside of 14.29% from the stock’s previous close.
Separately, Numis Securities Ltd restated a “buy” rating and set a GBX 250 ($3.12) price objective on shares of AO World PLC in a research note on Tuesday.
Shares of AO World PLC (LON:AO) opened at 165.00 on Tuesday. The stock’s 50 day moving average price is GBX 169.81 and its 200 day moving average price is GBX 160.69. AO World PLC has a 1-year low of GBX 119.60 and a 1-year high of GBX 198.00. The stock’s market cap is GBX 694.74 million.
In other news, insider Geoff Cooper bought 100,000 shares of the firm’s stock in a transaction dated Friday, September 30th. The stock was bought at an average price of GBX 169 ($2.11) per share, for a total transaction 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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