AO World (LON:AO – Get Free Report) had its price objective upped by investment analysts at Canaccord Genuity Group from GBX 52 ($0.65) to GBX 75 ($0.93) in a research note issued on Wednesday, MarketBeat Ratings reports. The brokerage presently has a “sell” rating on the stock. Canaccord Genuity Group’s price target points to a potential downside of 28.02% from the company’s current price.
Separately, Shore Capital raised AO World to a “buy” rating in a report on Wednesday, April 10th.
AO World Stock Up 0.4 %
Insider Transactions at AO World
In related news, insider Chris Hopkinson acquired 14,000 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were acquired at an average cost of GBX 90 ($1.12) per share, for a total transaction of £12,600 ($15,685.30). Insiders own 50.77% of the company’s stock.
About AO World
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.
Further Reading
- Five stocks we like better than AO World
- Investing in Commodities: What Are They? How to Invest in Them
- Comprehensive PepsiCo Stock Analysis
- What to Know About Investing in Penny Stocks
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- How to Invest in Blue Chip Stocks
- 3 Steel Stocks Could Soar on New China Tariffs
Receive News & Ratings for AO World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AO World and related companies with MarketBeat.com's FREE daily email newsletter.