Peel Hunt Reaffirms Buy Rating for AO World (LON:AO)

AO World (LON:AO)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a report released on Tuesday, MarketBeat.com reports. They currently have a GBX 137 target price on the stock. Peel Hunt’s price target would suggest a potential upside of 35.91% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft cut shares of AO World to a “hold” rating and reduced their price objective for the company from GBX 135 to GBX 105 in a report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 121.

AO World Stock Up 1.5%

Shares of LON:AO opened at GBX 100.80 on Tuesday. The company has a debt-to-equity ratio of 43.05, a quick ratio of 0.48 and a current ratio of 0.95. AO World has a 52-week low of GBX 77.15 and a 52-week high of GBX 120.40. The business’s 50 day simple moving average is GBX 101.38 and its two-hundred day simple moving average is GBX 96.98. The firm has a market cap of £586.19 million, a P/E ratio of 22.99, a PEG ratio of -2.13 and a beta of 1.06.

AO World (LON:AO) last issued its earnings results on Tuesday, November 25th. The company reported GBX 2.22 earnings per share (EPS) for the quarter. AO World had a return on equity of 18.96% and a net margin of 2.48%. As a group, research analysts forecast that AO World will post 4.8263419 EPS for the current fiscal year.

Insider Buying and Selling at AO World

In other news, insider John Roberts sold 414,851 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of GBX 97, for a total value of £402,405.47. In the last quarter, insiders sold 718,053 shares of company stock valued at $70,433,777. 47.09% of the stock is owned by 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.