AO World (AO) Receives “Sell” Rating from Shore Capital

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Shore Capital reissued their sell rating on shares of AO World (LON:AO) in a research note published on Friday morning.

Other research analysts have also issued research reports about the company. Numis Securities restated a buy rating on shares of AO World in a research report on Thursday, July 19th. Peel Hunt restated a hold rating on shares of AO World in a research report on Monday, October 1st. Finally, JPMorgan Chase & Co. restated a neutral rating on shares of AO World in a research report on Thursday, October 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. AO World presently has an average rating of Hold and an average target price of GBX 160 ($2.09).

Shares of AO World stock traded down GBX 15.20 ($0.20) during trading on Friday, reaching GBX 119.80 ($1.57). 384,081 shares of the stock traded hands, compared to its average volume of 174,009. AO World has a 52-week low of GBX 98 ($1.28) and a 52-week high of GBX 154.40 ($2.02).

About AO World

AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom, Germany, and the Netherlands. It also provides logistics and transport services; and ancillary services, such as delivery, connection and disconnection, product protection plan commission, recycling, strategic marketing income, and third-party logistics services, as well as engages in the investment activities.

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Analyst Recommendations for AO World (LON:AO)

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