Today, JPMorgan Chase & Co. Reiterates Neutral Rating for AO World PLC (AO)

Today, JPMorgan Chase & Co. Reiterates Neutral Rating for AO World PLC (AO)

AO World PLC (LON:AO)‘s stock had its “neutral” rating restated by stock analysts at JPMorgan Chase & Co. in a research report issued on Wednesday. They currently have a GBX 200 ($2.50) price objective on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 21.95% from the company’s previous close.

A number of other analysts have also issued reports on AO. Jefferies Group restated a “buy” rating and issued a GBX 192 ($2.40) target price on shares of AO World PLC in a research note on Tuesday. Numis Securities Ltd restated a “buy” rating and issued a GBX 250 ($3.12) target price on shares of AO World PLC in a research note on Tuesday.

AO World PLC (LON:AO) opened at 164.90 on Wednesday. The firm’s market capitalization is GBX 694.31 million. The company has a 50 day moving average price of GBX 169.57 and a 200-day moving average price of GBX 160.71. AO World PLC has a 1-year low of GBX 119.60 and a 1-year high of GBX 198.00.

In other AO World PLC news, insider Geoff Cooper bought 100,000 shares of the firm’s stock in a transaction on Friday, September 30th. The shares were acquired at an average cost of GBX 169 ($2.11) per share, for a total transaction of £169,000 ($211,144.43).

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