Ocado Group PLC (LON: OCDO) recently received a number of ratings updates from brokerages and research firms:

  • 9/1/2017 – Ocado Group PLC had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 220 ($2.84) price target on the stock.
  • 8/30/2017 – Ocado Group PLC is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a GBX 400 ($5.17) price target on the stock.
  • 8/24/2017 – Ocado Group PLC had its “conviction-buy” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a GBX 440 ($5.68) price target on the stock.
  • 8/22/2017 – Ocado Group PLC had its “under review” rating reaffirmed by analysts at Shore Capital.
  • 7/21/2017 – Ocado Group PLC had its “outperform” rating reaffirmed by analysts at Credit Suisse Group.
  • 7/21/2017 – Ocado Group PLC had its “reduce” rating reaffirmed by analysts at HSBC Holdings plc. They now have a GBX 180 ($2.32) price target on the stock.
  • 7/13/2017 – Ocado Group PLC had its price target raised by analysts at Credit Suisse Group from GBX 455 ($5.88) to GBX 480 ($6.20). They now have an “outperform” rating on the stock.
  • 7/10/2017 – Ocado Group PLC had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 265 ($3.42) price target on the stock.

Ocado Group PLC (LON OCDO) traded up 2.78% on Friday, reaching GBX 310.70. The company’s stock had a trading volume of 1,506,229 shares. The company’s market capitalization is GBX 1.86 billion. Ocado Group PLC has a 12-month low of GBX 233.00 and a 12-month high of GBX 340.00. The firm has a 50-day moving average of GBX 297.64 and a 200 day moving average of GBX 277.40.

In other news, insider Emma Lloyd purchased 17,300 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The stock was purchased at an average cost of GBX 285 ($3.68) per share, for a total transaction of £49,305 ($63,676.87). Insiders have purchased 17,459 shares of company stock valued at $4,975,629 over the last quarter.

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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