Ocado Group’s (OCDO) Neutral Rating Reiterated at UBS Group

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UBS Group reissued their neutral rating on shares of Ocado Group (LON:OCDO) in a report issued on Friday, investing.thisismoney.co.uk reports.

A number of other research firms have also recently issued reports on OCDO. Numis Securities reaffirmed a buy rating and issued a GBX 1,250 ($16.33) price target on shares of Ocado Group in a report on Tuesday, February 5th. Royal Bank of Canada reaffirmed a sector perform rating and issued a GBX 750 ($9.80) price target on shares of Ocado Group in a report on Tuesday, February 5th. Peel Hunt reaffirmed a buy rating on shares of Ocado Group in a report on Monday, February 4th. Finally, Bank of America reaffirmed a buy rating and issued a GBX 1,020 ($13.33) price target on shares of Ocado Group in a report on Tuesday, October 16th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of GBX 820 ($10.71).

Ocado Group stock opened at GBX 904.40 ($11.82) on Friday. Ocado Group has a 12-month low of GBX 233.10 ($3.05) and a 12-month high of GBX 603.20 ($7.88).

Ocado Group Company Profile

Ocado Group plc operates as an online grocery retailer in the United Kingdom. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a specialty pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store. The company also engages in the development and monetization of intellectual property and technology used for the online retailing, logistics, and distribution of grocery and consumer goods.

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Analyst Recommendations for Ocado Group (LON:OCDO)

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