Ocado Group Receives “Buy” Rating from Numis Securities Ltd (OCDO)
Ocado Group (LON: OCDO)‘s stock had its “buy” rating restated by equities researchers at Numis Securities Ltd in a report issued on Tuesday. They currently have a $2.43 (160 GBX) target price on the stock.
Ocado Group opened at 122.50 on Tuesday. Ocado Group has a 52-week low of GBX 52.257 and a 52-week high of GBX 145.00. The stock’s 50-day moving average is currently GBX 66.19. The company’s market cap is £708.4 million.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated a “sell” rating on shares of Ocado Group in a research note to investors on Monday. They now have a $0.76 price target on the stock. Separately, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Ocado Group in a research note to investors on Monday. They now have a $1.21 price target on the stock. Finally, analysts at BNP Paribas raised their price target on shares of Ocado Group from $2.19 to $2.27 in a research note to investors on Monday, February 11th. They now have an “outperform” rating on the stock.
Ocado Group plc is a United Kingdom-based holding company. The Company is an online grocery retailer.
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