Ocado Group’s “Sell” Rating Reaffirmed at Oriel Securities Ltd (OCDO)
Ocado Group (LON: OCDO)‘s stock had its “sell” rating restated by analysts at Oriel Securities Ltd in a research report issued to clients and investors on Thursday. They currently have a $0.75 (50 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Ocado Group in a research note to investors on Tuesday, February 26th. They now have a $2.43 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, February 25th. 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.
Shares of Ocado Group opened at 163.35 on Thursday. Ocado Group has a one year low of GBX 52.257 and a one year high of GBX 145.00. The stock’s 50-day moving average is currently GBX 66.19. The company’s market cap is £944.6 million.
Ocado Group plc is a United Kingdom-based holding company. The Company is an online grocery retailer.
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