Neill Abrams Acquires 54 Shares of Ocado Group PLC (OCDO) Stock
Ocado Group PLC (LON:OCDO) insider Neill Abrams acquired 54 shares of the firm’s stock in a transaction dated Tuesday, July 18th. The stock was bought at an average price of GBX 280 ($3.66) per share, with a total value of £151.20 ($197.44).
Shares of Ocado Group PLC (LON OCDO) traded down 0.89% during midday trading on Tuesday, reaching GBX 289.60. The company’s stock had a trading volume of 2,525,095 shares. The company’s 50-day moving average price is GBX 294.26 and its 200 day moving average price is GBX 263.81. The firm’s market capitalization is GBX 1.73 billion. Ocado Group PLC has a 1-year low of GBX 233.00 and a 1-year high of GBX 340.00.
ILLEGAL ACTIVITY WARNING: “Neill Abrams Acquires 54 Shares of Ocado Group PLC (OCDO) Stock” was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was stolen and republished in violation of United States and international copyright & trademark legislation. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/07/18/neill-abrams-acquires-54-shares-of-ocado-group-plc-ocdo-stock.html.
OCDO has been the subject of several recent analyst reports. Deutsche Bank AG restated a “sell” rating and set a GBX 220 ($2.87) target price on shares of Ocado Group PLC in a research note on Wednesday, June 28th. Numis Securities Ltd restated a “buy” rating and set a GBX 400 ($5.22) target price on shares of Ocado Group PLC in a research note on Monday, June 5th. Shore Capital restated an “under review” rating on shares of Ocado Group PLC in a research note on Wednesday, July 5th. HSBC Holdings plc restated a “reduce” rating and set a GBX 180 ($2.35) target price on shares of Ocado Group PLC in a research note on Wednesday, June 28th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 265 ($3.46) target price on shares of Ocado Group PLC in a research note on Monday, July 10th. Five investment analysts have rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 294 ($3.84).
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.
Receive News & Ratings for Ocado Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ocado Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.