AO World (OTCMKTS:AOWDF) Downgraded to “Hold” at Panmure Gordon

AO World (OTCMKTS:AOWDFGet Rating) was downgraded by analysts at Panmure Gordon from a “buy” rating to a “hold” rating in a research report issued on Thursday, The Fly reports.

Separately, JPMorgan Chase & Co. dropped their price objective on shares of AO World from GBX 59 ($0.72) to GBX 40 ($0.49) in a research note on Thursday, July 7th.

AO World Price Performance

Shares of OTCMKTS AOWDF opened at $2.05 on Thursday. AO World has a 12-month low of $1.99 and a 12-month high of $3.27. The company’s fifty day simple moving average is $2.05 and its 200 day simple moving average is $2.05.

About AO World

(Get Rating)

AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom and Europe. The company retails fridge freezers, cookers and washing machines, and audiovisual equipment, as well as computing, mobile, and gaming products.

Further Reading

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