Andrew Wade, an analyst from Jefferies, maintained the Buy rating on AO World (AO – Research Report). The associated price target is p150.00.
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Andrew Wade has given his Buy rating due to a combination of factors that highlight AO World’s strong performance and future potential. The company has shown impressive double-digit growth in its core B2C retail operations, which is a positive indicator of its market strength and consumer demand.
Moreover, AO World has upgraded its profit before tax guidance by approximately 7%, signaling improved profitability and effective business strategies. Supported by key initiatives such as membership programs and non-major domestic appliance (non-MDA) offerings, the company has established a sustainable growth path. With a price target set at 150p, Wade sees significant upside potential, justifying the Buy rating.
According to TipRanks, Wade is ranked #3959 out of 9406 analysts.