AO World’s (AO) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of AO World (LON:AO) in a research note published on Thursday morning, Marketbeat reports. They currently have a GBX 120 ($1.52) price objective on the stock.

A number of other brokerages also recently weighed in on AO. Jefferies Financial Group upped their price objective on shares of AO World from GBX 125 ($1.59) to GBX 150 ($1.90) and gave the stock a buy rating in a research report on Thursday. Shore Capital upgraded shares of AO World to a buy rating in a research report on Wednesday, April 10th. Finally, Canaccord Genuity Group upped their price objective on shares of AO World from GBX 52 ($0.66) to GBX 75 ($0.95) and gave the stock a sell rating in a research report on Wednesday, April 17th.

AO World Trading Down 3.3 %

LON AO opened at GBX 110.40 ($1.40) on Thursday. The company has a market capitalization of £638.74 million, a PE ratio of 2,284.00, a P/E/G ratio of -2.13 and a beta of 0.91. The company has a fifty day moving average of GBX 108.56 and a 200 day moving average of GBX 98.62. AO World has a 1 year low of GBX 61.99 ($0.79) and a 1 year high of GBX 112 ($1.42). The company has a debt-to-equity ratio of 65.04, a current ratio of 0.88 and a quick ratio of 0.48.

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.