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AO World: Strong Growth, Upgraded Profit Guidance, and Buy Rating with 150p Target

AO World: Strong Growth, Upgraded Profit Guidance, and Buy Rating with 150p Target

Andrew Wade, an analyst from Jefferies, maintained the Buy rating on AO World (AOResearch Report). The associated price target is p150.00.

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.

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