A Reversal for AO World PLC Is Not Near. The Stock Rises Again

 A Reversal for AO World PLC Is Not Near. The Stock Rises Again

The stock of AO World PLC (LON:AO) is a huge mover today! The stock increased 5.12% or GBX 8.2 on November 3, hitting GBX 168.5. About 178,904 shares traded hands. AO World PLC (LON:AO) has declined 1.98% since April 5, 2016 and is downtrending. It has underperformed by 3.19% the S&P500.
The move comes after 8 months positive chart setup for the GBX 709.47 million company. It was reported on Nov, 3 by Barchart.com. We have GBX 271.29 PT which if reached, will make LON:AO worth GBX 432.78 million more.

AO World PLC (LON:AO) Ratings Coverage

Out of 4 analysts covering Ao World (LON:AO), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Ao World has been the topic of 24 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, January 12 by Numis Securities. Numis Securities maintained AO World PLC (LON:AO) rating on Tuesday, July 21. Numis Securities has “Buy” rating and GBX 250 price target. As per Tuesday, September 22, the company rating was maintained by JP Morgan. The stock has “Buy” rating given by Shore Capital on Friday, October 2. The company was maintained on Monday, September 21 by Numis Securities. The firm has “Buy” rating by Shore Capital given on Monday, September 21. The firm earned “Buy” rating on Thursday, March 31 by Jefferies. The stock of AO World PLC (LON:AO) has “Buy” rating given on Wednesday, September 23 by Jefferies. The rating was maintained by Jefferies on Friday, May 27 with “Buy”. The stock of AO World PLC (LON:AO) has “Buy” rating given on Wednesday, August 12 by Numis Securities.

More notable recent AO World PLC (LON:AO) news were published by: Uk.Finance.Yahoo.com which released: “-LSE Ticker: JTNFH4/ISIN: GB00BJTNFH41” on February 01, 2001, also Bloomberg.com with their article: “AO World Profit to Miss Projections as IPO Publicity Wears Off” published on February 25, 2015, Bloomberg.com published: “Online Retailer AO World Surges on London Trading Debut” on February 26, 2014. More interesting news about AO World PLC (LON:AO) were released by: Fool.Co.Uk and their article: “Should You Buy AO World PLC, Speedy Hire Plc And Metal Tiger PLC On Today’s News?” published on March 31, 2016 as well as Fool.Co.Uk‘s news article titled: “Will AO World PLC Go The Same Way As Ocado Group PLC?” with publication date: June 02, 2015.

AO World Plc is an online retailer of electrical products. The company has a market cap of 709.47 million GBP. The Firm operates through two divisions: online retailing of domestic appliances to clients in the UK, and online retailing of domestic appliances to clients in Europe . It currently has negative earnings. The Firm offers over 5,500 stock keeping units (SKUs) in the United Kingdom, approximately 2,000 in Germany and over 600 in the Netherlands.

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