AO World (LON:AO – Get Rating) had its price objective raised by Canaccord Genuity Group from GBX 51 ($0.63) to GBX 52 ($0.65) in a research report released on Wednesday morning, MarketBeat Ratings reports. The firm currently has a sell rating on the stock. A number of other equities research analysts have also recently weighed […]
AO World (LON:AO – Get Rating)‘s stock had its “hold” rating reaffirmed by equities research analysts at Peel Hunt in a research note issued to investors on Tuesday, LSE.Co.UK reports. They presently have a GBX 80 ($0.97) target price on the stock. Peel Hunt’s target price indicates a potential upside of 13.64% from the stock’s […]
Shore Capital reiterated their not rated rating on shares of AO World (LON:AO – Get Rating) in a report published on Wednesday morning, MarketBeat.com reports. Separately, JPMorgan Chase & Co. reissued an underweight rating and set a GBX 59 ($0.71) price objective on shares of AO World in a research report on Monday. Shares of […]
Shares of AO World plc (LON:AO – Get Rating) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 94.51 ($1.24) and traded as high as GBX 94.65 ($1.24). AO World shares last traded at GBX 89.70 ($1.18), with a volume of 355,427 […]
15 April 2021 | 12:14pm
StockMarketWire.com - The FTSE 100 gained 0.52% to 6,970 by lunchtime on Thursday, extending its upward trajectory in recent days and taking it back to pre-pandemic levels, after a jump in commodity prices boosted the miners in the index.
Rio Tinto, BHP and Anglo American were all trading higher by midday.
AO World rose 2% to 324p after the white goods online retailer said it expected to report annual adjusted profit in line with market expectations following a strong final quarter to the fiscal year.
For the year ended 31 March 2021, adjusted EBITDA, or profit before tax, depreciation, amortisation, net finance costs, and other adjusting items, is expected to be in the range £63 million to £72 million, up from £19.6 million and in line with market consensus of about £66 million.