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Several investment firms have updated their stock ratings and price targets on shares of Ocado Group (LON: OCDO) in the last week:

  • Ocado Group had its “underperform” rating reaffirmed by analysts at BNP Paribas. They now have a GBX 350 ($5.75) price target on the stock.
  • Ocado Group had its “sell” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 440 ($7.23) price target on the stock.
  • Ocado Group had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 275 ($4.52) price target on the stock.
  • Ocado Group had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 600 ($9.86) price target on the stock.
  • Ocado Group was upgraded by analysts at HSBC to an “underweight” rating. They now have a GBX 230 ($3.78) price target on the stock, down previously from GBX 235 ($3.86).
  • Ocado Group had its price target lowered by analysts at BNP Paribas from GBX 350 ($5.75) to GBX 340 ($5.59). They now have an “underperform” rating on the stock.
  • Ocado Group had its “sell” rating reaffirmed by analysts at Beaufort Securities.

Ocado Group plc is a United Kingdom-based holding company. The Company’s principal activities are the retailing, logistics and distribution of grocery and consumer goods and the development and monetisation of intellectual property and technology for the online retailing, logistics and distribution of these goods.

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