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A number of stock research firms have changed their ratings and price targets for Ocado Group PLC (LON: OCDO) during the last seven days:

  • Ocado Group PLC had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 275 ($4.51) price target on the stock.
  • Ocado Group PLC had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 600 ($9.84) price target on the stock.
  • Ocado Group PLC was upgraded by analysts at HSBC to an “underweight” rating. They now have a GBX 230 ($3.77) price target on the stock, down previously from GBX 235 ($3.86).
  • Ocado Group PLC had its price target lowered by analysts at BNP Paribas from GBX 350 ($5.74) to GBX 340 ($5.58). They now have an “underperform” rating on the stock.
  • Ocado Group PLC had its “sell” rating reaffirmed by analysts at Beaufort Securities.
  • Ocado Group PLC had its “sell” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 440 ($7.22) price target on the stock.

Ocado Group PLC (LON:OCDO) opened at 583.975 on Thursday. Ocado Group PLC has a 1-year low of GBX 120.00 and a 1-year high of GBX 565.50. The stock has a 50-day moving average of GBX 499.7 and a 200-day moving average of GBX 412.9. The company’s market cap is £3.401 billion.

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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