AO World (LON:AO) Given “Buy” Rating at Jefferies Financial Group

AO World (LON:AO)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a research note issued on Thursday,Digital Look reports. They currently have a GBX 155 target price on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 65.78% from the stock’s previous close.

AO World Stock Performance

AO World stock opened at GBX 93.50 on Thursday. The stock’s 50 day moving average price is GBX 88.99 and its 200 day moving average price is GBX 98.69. The firm has a market capitalization of £543.73 million, a PE ratio of 21.32, a price-to-earnings-growth ratio of -2.13 and a beta of 1.20. The company has a debt-to-equity ratio of 41.38, a quick ratio of 0.48 and a current ratio of 1.02. AO World has a one year low of GBX 77.15 and a one year high of GBX 120.40.

Insider Buying and Selling

In related news, insider John Roberts sold 5,359,056 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 90, for a total transaction of £4,823,150.40. Company insiders own 47.09% of the company’s stock.

About AO World

AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances the United Kingdom and Germany. It retails fridge and freezers; laundry products; dishwashers; and audiovisual equipment, as well as computing, mobile, gaming, and smart home technology products. The company provides logistics and transport services. In addition, it engages in the investment activities; and waste electrical and electronic equipment (WEEE) recycling activities. The company sells its products through its websites, marketplaces, and third-party websites.