AO World (LON:AO) Given Buy Rating at Peel Hunt

Key Points

• Peel Hunt has reaffirmed its "buy" rating for AO World, setting a price target of GBX 137, indicating a potential upside of 64.27% from the current stock price.
• Deutsche Bank has downgraded AO World from a "hold" to a "hold" rating, reducing its price target from GBX 135 to GBX 105.
• Insiders at AO World have sold a combined total of approximately 3.15 million shares valued at around £300 million over the last 90 days, while insiders hold 47.09% of the company's stock.

AO World (LON:AO - Get Free Report)'s stock had its "buy" rating reaffirmed by Peel Hunt in a report released on Monday,Digital Look reports. They presently have a GBX 137 price objective on the stock. Peel Hunt's target price would suggest a potential upside of 64.27% from the stock's current price.

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of AO World to a "hold" rating and dropped their price target for the stock from GBX 135 to GBX 105 in a research note on Monday, August 4th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, AO World currently has an average rating of "Moderate Buy" and an average price target of GBX 121.

AO World Stock Performance

Shares of AO stock opened at GBX 83.40 on Monday. The company's fifty day simple moving average is GBX 91.14 and its 200-day simple moving average is GBX 95.23. AO World has a 52 week low of GBX 77.15 and a 52 week high of GBX 120.40. The company has a current ratio of 0.95, a quick ratio of 0.48 and a debt-to-equity ratio of 43.05. The company has a market cap of £485.00 million, a PE ratio of 19.02, a P/E/G ratio of -2.13 and a beta of 1.06.

AO World (LON:AO - Get Free Report) last issued its earnings results on Wednesday, June 18th. The company reported GBX 1.70 EPS for the quarter. AO World had a net margin of 2.48% and a return on equity of 18.96%. As a group, equities research analysts anticipate that AO World will post 4.8263419 EPS for the current year.

Insider Transactions at AO World

In other news, insider Mark Higgins sold 147,090 shares of the business's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of GBX 96, for a total value of £141,206.40. Also, insider Chris Hopkinson sold 500,000 shares of the business's stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of GBX 88, for a total transaction of £440,000. In the last 90 days, insiders sold 3,147,090 shares of company stock valued at $300,620,640. Insiders own 47.09% of the company's stock.

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.

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