JPMorgan Chase & Co. Reiterates Neutral Rating for AO World (AO)

AO World (LON:AO)‘s stock had its “neutral” rating restated by investment analysts at JPMorgan Chase & Co. in a report released on Friday. They currently have a GBX 125 ($1.70) price target on the stock. JPMorgan Chase & Co.’s price objective indicates a potential downside of 11.60% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 145 ($1.97) target price 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 issued a GBX 200 ($2.71) target price on shares of AO World in a report on Thursday. Finally, Jefferies Group reaffirmed a “hold” rating and issued a GBX 120 ($1.63) target price on shares of AO World in a report on Tuesday, January 2nd. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 142.43 ($1.93).

Shares of AO World (LON:AO) opened at GBX 141.40 ($1.92) on Friday. The firm has a market capitalization of $646.89 and a price-to-earnings ratio of -3,535.00. AO World has a twelve month low of GBX 98 ($1.33) and a twelve month high of GBX 190.57 ($2.58).

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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.

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