AO World (LON:AO) PT Raised to GBX 150 at Jefferies Financial Group

AO World (LON:AO) had its target price hoisted by stock analysts at Jefferies Financial Group from GBX 125 ($1.59) to GBX 150 ($1.90) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 35.14% from the stock’s previous close.

Several other equities research analysts have also weighed in on AO. Shore Capital raised AO World to a “buy” rating in a research note on Wednesday, April 10th. Canaccord Genuity Group raised their price objective on AO World from GBX 52 ($0.66) to GBX 75 ($0.95) and gave the stock a “sell” rating in a research note on Wednesday, April 17th.

AO World Stock Performance

AO opened at GBX 111 ($1.41) on Thursday. The firm has a market cap of £642.21 million, a PE ratio of 2,208.00, a P/E/G ratio of -2.13 and a beta of 0.91. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 65.04. The business has a fifty day simple moving average of GBX 108.69 and a 200-day simple moving average of GBX 98.77. AO World has a fifty-two week low of GBX 61.99 ($0.79) and a fifty-two week high of GBX 112 ($1.42).

AO World Company Profile

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.