Ocado Group Stock Rating Reaffirmed by Barclays Capital (OCDO)
Ocado Group (LON: OCDO)‘s stock had its “equal weight” rating restated by equities researchers at Barclays Capital in a report issued on Monday. They currently have a $1.21 (80 GBX) target price on the stock.
Ocado Group traded up 0.57% on Monday, hitting GBX 123.50. 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 £714.2 million.
A number of other analysts have also recently weighed in on OCDO. 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. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Ocado Group in a research note to investors on Thursday, February 7th. They now have a $2.51 price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Ocado Group in a research note to investors on Tuesday, January 15th. They now have a $1.29 price target on the stock.
Ocado Group plc is a United Kingdom-based holding company. The Company is an online grocery retailer.
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