AO World’s (AO) Buy Rating Reiterated at Jefferies Financial Group

AO World (LON:AO)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a report issued on Wednesday,Digital Look reports. They currently have a GBX 160 target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 70.58% from the stock’s current price.

AO World Stock Up 2.3%

AO opened at GBX 96 on Wednesday. The company has a fifty day moving average price of GBX 90.18 and a 200-day moving average price of GBX 98.12. The company has a debt-to-equity ratio of 41.38, a current ratio of 1.02 and a quick ratio of 0.48. The firm has a market capitalization of £558.27 million, a P/E ratio of 21.89, a price-to-earnings-growth ratio of -2.13 and a beta of 1.22. AO World has a one year low of GBX 77.15 and a one year high of GBX 120.40.

Insider Activity

In other news, insider John Roberts sold 5,359,056 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of GBX 90, for a total value of £4,823,150.40. 47.09% of the stock is currently owned by company insiders.

AO World Company Profile

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. In addition, it engages in the investment activities; and waste electrical and electronic equipment (WEEE) recycling activities. The company sells its products through its websites, marketplaces, and third-party websites.