AO World (LON:AO) Given “Buy” Rating at Jefferies Financial Group

AO World (LON:AO)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a report issued on Thursday,Digital Look reports. They currently have a GBX 155 price target on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 65.78% from the company’s previous close.

AO World Trading Up 1.7%

Shares of AO stock opened at GBX 93.50 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.48 and a debt-to-equity ratio of 41.38. The company has a market capitalization of £543.73 million, a price-to-earnings ratio of 21.32, a PEG ratio of -2.13 and a beta of 1.20. The firm has a 50-day moving average price of GBX 88.99 and a 200 day moving average price of GBX 98.69. AO World has a twelve month low of GBX 77.15 and a twelve month high of GBX 120.40.

Insider Activity

In other news, insider John Roberts sold 5,359,056 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of GBX 90, for a total transaction of £4,823,150.40. Insiders own 47.09% 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. 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.