Ocado Group PLC (OCDO) Insider Purchases £149.43 in Stock
Ocado Group PLC (LON:OCDO) insider Duncan Tatton-Brown bought 51 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were acquired at an average price of GBX 293 ($3.80) per share, for a total transaction of £149.43 ($193.99).
Shares of Ocado Group PLC (LON:OCDO) traded down 0.21% on Thursday, reaching GBX 292.00. The company’s stock had a trading volume of 801,171 shares. The company’s market cap is GBX 1.75 billion. Ocado Group PLC has a 12-month low of GBX 233.00 and a 12-month high of GBX 340.00. The company’s 50 day moving average price is GBX 293.21 and its 200 day moving average price is GBX 272.14.
Several brokerages recently commented on OCDO. Numis Securities Ltd restated a “buy” rating and set a GBX 400 ($5.19) target price on shares of Ocado Group PLC in a research report on Monday, June 5th. Goldman Sachs Group, Inc. (The) restated a “conviction-buy” rating and set a GBX 440 ($5.71) target price on shares of Ocado Group PLC in a research report on Monday, June 5th. Shore Capital restated an “under review” rating on shares of Ocado Group PLC in a research report on Tuesday, June 6th. Jefferies Group LLC restated a “hold” rating and set a GBX 250 ($3.25) target price on shares of Ocado Group PLC in a research report on Wednesday, June 7th. Finally, Deutsche Bank AG restated a “sell” rating and set a GBX 220 ($2.86) target price on shares of Ocado Group PLC in a research report on Wednesday, June 7th. Five research analysts have rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Ocado Group PLC has a consensus rating of “Hold” and an average target price of GBX 294 ($3.82).
About Ocado Group PLC
Ocado Group plc is a United Kingdom-based online grocery retailer. The Company’s principal activities are grocery retailing and the development and monetization of Intellectual Property (IP) and technology used for the online retailing, logistics and distribution of grocery and consumer goods, derived from the United Kingdom.
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