Ocado Group PLC (OCDO) Insider Duncan Tatton-Brown Acquires 51 Shares
Ocado Group PLC (LON:OCDO) insider Duncan Tatton-Brown purchased 51 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased at an average cost of GBX 293 ($3.80) per share, with a total value of £149.43 ($193.99).
Shares of Ocado Group PLC (LON OCDO) traded down 0.21% during mid-day trading on Thursday, hitting GBX 292.00. The stock had a trading volume of 801,171 shares. The stock’s 50-day moving average price is GBX 293.21 and its 200 day moving average price is GBX 272.14. Ocado Group PLC has a 1-year low of GBX 233.00 and a 1-year high of GBX 340.00. The company’s market capitalization is GBX 1.75 billion.
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Several equities research analysts recently commented on the company. Numis Securities Ltd reissued a “buy” rating and issued a GBX 400 ($5.19) price target on shares of Ocado Group PLC in a research note on Tuesday, June 13th. Jefferies Group LLC reaffirmed 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. HSBC Holdings plc reaffirmed a “reduce” rating and set a GBX 180 ($2.34) target price on shares of Ocado Group PLC in a research report on Wednesday, June 28th. Deutsche Bank AG reaffirmed 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 28th. Finally, Shore Capital reaffirmed an “under review” rating on shares of Ocado Group PLC in a research report on Wednesday, July 5th. Five investment analysts have rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average 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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