AO World (LON:AO) Price Target Raised to GBX 75 at Canaccord Genuity Group

AO World (LON:AO) had its price objective lifted by Canaccord Genuity Group from GBX 52 ($0.65) to GBX 75 ($0.93) in a research note issued to investors on Wednesday, MarketBeat.com reports. They currently have a sell rating on the stock.

Separately, Shore Capital upgraded shares of AO World to a buy rating in a research report on Wednesday, April 10th.

AO World Trading Down 0.2 %

Shares of AO World stock opened at GBX 103.80 ($1.29) on Wednesday. AO World has a 1 year low of GBX 61.99 ($0.77) and a 1 year high of GBX 109.40 ($1.36). The firm has a market cap of £600.56 million, a PE ratio of 2,080.00, a PEG ratio of -2.13 and a beta of 0.92. The company has a debt-to-equity ratio of 65.04, a current ratio of 0.88 and a quick ratio of 0.48. The company has a 50 day simple moving average of GBX 94.66 and a two-hundred day simple moving average of GBX 90.41.

Insider Transactions at AO World

In other AO World news, insider Chris Hopkinson acquired 14,000 shares of the stock in a transaction dated Wednesday, March 6th. The stock was purchased at an average cost of GBX 90 ($1.12) per share, for a total transaction of £12,600 ($15,685.30). Company insiders own 50.77% of the company’s stock.

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.