AO World PLC (LON:AO)‘s stock had its “neutral” rating reissued by analysts at JPMorgan Chase & Co. in a research note issued on Wednesday. They presently have a GBX 200 ($2.50) price target on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 21.95% from the company’s previous close.

AO has been the topic of a number of other research reports. Jefferies Group restated a “buy” rating and issued a GBX 192 ($2.40) price target on shares of AO World PLC in a research report on Tuesday. Numis Securities Ltd reaffirmed a “buy” rating and issued 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 164.90 on Wednesday. The stock has a 50 day moving average price of GBX 169.57 and a 200-day moving average price of GBX 160.71. AO World PLC has a 52 week low of GBX 119.60 and a 52 week high of GBX 198.00. The company’s market capitalization is GBX 694.31 million.

In other news, insider Geoff Cooper purchased 100,000 shares of the business’s stock in a transaction dated 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).

ILLEGAL ACTIVITY NOTICE: “JPMorgan Chase & Co. Reiterates Neutral Rating for AO World PLC (AO)” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2016/11/25/jpmorgan-chase-co-reiterates-neutral-rating-for-ao-world-plc-ao.html.

AO World PLC 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.

Receive News & Stock Ratings for AO World PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AO World PLC and related stocks with our FREE daily email newsletter.