2020-11-25 19:12:03 AOWDF AO World
11/25/20 11/2519:12 11/25/2019:12 | AO World downgraded to Hold from Buy at JefferiesJefferies analyst Andrew Wade downgraded AO World to Hold from Buy with a 400 GBp price target. The company reported a "strong" first half update this week, with U.K. EBITDA more than doubling and that of Germany moving close to profitability, the analyst tells investors in a research note. Wade maintains his view that AO World is a "dynamic growth story", but after a 320% year-to-date run-up, he sees any further upside on the stock as more "limited". | |
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Periodicals
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