Canaccord Genuity raises target price on AO World

17th Apr 2024 09:38

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on electrical retailer AO World from 52.0p to 75.0p on Wednesday after the group's trading update last week led the broker to adjust its FY24-26 estimates.

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Shore Capital upgrades AO World to 'buy'

10th Apr 2024 08:30

(Sharecast News) - Shore Capital upgraded AO World on Wednesday to 'buy' from 'hold'.

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London close: Stocks finish firmer ahead of Easter break

28th Mar 2024 16:08

(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.

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AO World sees FY profit 'at least' at top end of guidance

28th Mar 2024 07:56

(Sharecast News) - Electrical retailer AO World said on Thursday that FY24 adjusted pre-tax profit was set to be "at least" at the top end of the guided range of £28m to £33m.

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AO World buys IP rights from mobile phone retailer A1 Comms for £2.2m

15th Feb 2024 08:13

(Sharecast News) - AO World jumped on Thursday, having announced after the close of markets on Thursday that it had the bought intellectual property rights of mobile phone retailer A1 Comms from administration for £2.2m in cash.

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London close: Stocks slip ahead of FOMC minutes, Autumn Statement

21st Nov 2023 15:19

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

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AO World lifts profit targets after impressive first half

21st Nov 2023 07:29

(Sharecast News) - Electrical goods retailer AO World has raised its bottom-line guidance for the full year after swinging to a profit in the first half despite a reduction in sales.

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Marks Electrical reiterates full-year targets despite profits slide

16th Nov 2023 11:04

(Sharecast News) - Marks Electrical Group reported a fall in half-year profits on Thursday, despite stronger revenues, after higher costs weighed heavily.

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Director dealings: EasyJet non-exec invests, AO World CFO sells incentive shares

27th Jul 2023 10:50

(Sharecast News) - EasyJet was on the list of director buys on Thursday, after it disclosed a purchase made by a non-executive director for more than 5,000 shares.

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ShoreCap downgrades AO World to 'sell'

26th Jul 2023 15:22

(Sharecast News) - Shore Capital downgraded its stance on online electricals retailer AO World on Wednesday to 'sell' from 'hold'.

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Broker tips: Tyman, AO World

26th Jul 2023 07:56

(Sharecast News) - Berenberg upgraded Tyman on Wednesday to 'buy' from 'hold' and hiked the price target to 360p from 250p after the company's first-half results a day earlier.

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AO World reports jump in full-year earnings

5th Jul 2023 07:33

(Sharecast News) - Electricals retailer AO World reported a robust performance in its full-year results on Wednesday, as it made progress in its strategy to pivot the business towards profit and cash generation.

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Wednesday preview: UK, euro area services and Fed minutes in focus

4th Jul 2023 15:34

(Sharecast News) - Financial markets' focus in the middle of the week would be on services sector activity on either side of the Channel.

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Frasers Group lifts stakes in AO World, Currys

26th Jun 2023 12:20

(Sharecast News) - Mike Ashley's Frasers Group has increased its stake in electrical retailer AO World for a third time to more than 22% and also lifted its stake in rival Currys, according to stock exchange filings on Monday,

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Shore Capital cuts rating on AO World

22nd Jun 2023 10:34

(Sharecast News) - Shore Capital has cut its recommendation on AO World to 'hold', after a rally in the share price.

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