JPMorgan Chase & Co. Reaffirms “Neutral” Rating for AO World (AO)

AO World (LON:AO)‘s stock had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research note issued on Friday. They currently have a GBX 125 ($1.70) target price on the stock. JPMorgan Chase & Co.’s target price would indicate a potential downside of 11.22% from the company’s previous close.

A number of other research analysts also recently issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 145 ($1.97) price target on shares of AO World in a report on Thursday. Shore Capital reaffirmed a “sell” rating on shares of AO World in a report on Thursday. Numis Securities reaffirmed a “buy” rating and set a GBX 200 ($2.71) price target on shares of AO World in a report on Thursday. Finally, Jefferies Group reissued a “hold” rating and issued a GBX 120 ($1.63) target price on shares of AO World in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 145.67 ($1.98).

AO World (LON AO) opened at GBX 140.80 ($1.91) on Friday. The stock has a market capitalization of $645.97 and a price-to-earnings ratio of -3,520.00. AO World has a 1-year low of GBX 98 ($1.33) and a 1-year high of GBX 178 ($2.41).

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AO World 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.

Analyst Recommendations for AO World (LON:AO)

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