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

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AO World (LON:AO)‘s stock had its “sell” rating restated by research analysts at Shore Capital in a research report issued to clients and investors on Friday.

A number of other equities research analysts also recently issued reports on the company. Peel Hunt cut their price target on AO World from GBX 145 ($1.89) to GBX 135 ($1.76) and set a “hold” rating for the company in a research note on Friday. Numis Securities restated a “buy” rating and set a GBX 250 ($3.27) price target on shares of AO World in a research note on Friday, November 9th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of AO World in a research note on Thursday, October 4th.

AO World stock opened at GBX 128.20 ($1.68) on Friday. 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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