TITLE

DOWN more than 40pc since [...]

AUTHOR(S)
Geoff Foster
PUB. DATE
October 2014
SOURCE
Daily Mail;10/15/2014, p72
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
DOWN more than 40pc since February's flotation at 285p, online domestic appliance retailer AO World jumped 8pc or 12.3p to 166.3p after Shore Capital upgraded to hold from sell. Analyst Mike Stewart believes the group will be able to replicate the UK model in continental Europe with the same degree of success. The core UK business, with fair value of 194p, can support the current valuation of the stock alone.
ACCESSION #
98867276

 

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