AO World (LON:AO) Price Target Raised to GBX 150

AO World (LON:AO) had its price objective hoisted by equities researchers at Jefferies Financial Group from GBX 125 ($1.59) to GBX 150 ($1.90) in a report released on Thursday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 31.35% from the company’s current price.

Several other equities analysts also recently commented on AO. Canaccord Genuity Group boosted their price objective on AO World from GBX 52 ($0.66) to GBX 75 ($0.95) and gave the company a “sell” rating in a research report on Wednesday, April 17th. Shore Capital upgraded AO World to a “buy” rating in a research note on Wednesday, April 10th.

AO World Stock Up 1.1 %

AO opened at GBX 114.20 ($1.45) on Thursday. The stock has a market cap of £660.73 million, a price-to-earnings ratio of 2,284.00, a price-to-earnings-growth ratio of -2.13 and a beta of 0.91. The company has a debt-to-equity ratio of 65.04, a quick ratio of 0.48 and a current ratio of 0.88. The firm’s fifty day moving average is GBX 108.36 and its 200 day moving average is GBX 98.51. AO World has a fifty-two week low of GBX 61.99 ($0.79) and a fifty-two week high of GBX 112 ($1.42).

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.