Investor Outlook: Ocado Group Plc (LON:OCDO) “Buy” Rating Reiterated by Peel Hunt Today

Ocado Group Plc (LON:OCDO) Rating Reaffirmed

This Morning, Friday, 30 November, Ocado Group Plc (LON:OCDO)‘s “Buy” rating was restate by Peel Hunt in a research report.

Ocado Group plc (LON:OCDO) Ratings Coverage

Among 9 analysts covering Ocado Group Plc (LON:OCDO), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Ocado Group Plc has GBX 1700 highest and GBX 750 lowest target. GBX 1106.11’s average target is 33.07% above currents GBX 831.2 stock price. Ocado Group Plc had 28 analyst reports since June 11, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Monday, August 13 by HSBC. The stock of Ocado Group plc (LON:OCDO) has “Buy” rating given on Tuesday, October 30 by Peel Hunt. The stock of Ocado Group plc (LON:OCDO) has “Buy” rating given on Tuesday, August 21 by Peel Hunt. The rating was upgraded by Goldman Sachs to “Buy” on Monday, June 11. The rating was maintained by Peel Hunt on Wednesday, August 15 with “Buy”. The stock has “Buy” rating by Peel Hunt on Monday, July 2. The stock of Ocado Group plc (LON:OCDO) has “Buy” rating given on Friday, November 30 by Peel Hunt. The firm has “Buy” rating given on Tuesday, October 30 by Numis Securities. The stock of Ocado Group plc (LON:OCDO) earned “Hold” rating by HSBC on Thursday, July 5. The firm has “Buy” rating by Peel Hunt given on Tuesday, July 10.

The stock decreased 1.26% or GBX 10.6 during the last trading session, reaching GBX 831.2. About 1.51 million shares traded. Ocado Group plc (LON:OCDO) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Ocado Group plc operates as an online grocery retailer in the United Kingdom. The company has market cap of 5.75 billion GBP. It primarily offers pet, kitchen and dining, and beauty products under the Ocado, Fetch, Sizzle, and Fabled names. It currently has negative earnings. The firm 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.

Another recent and important Ocado Group plc (LON:OCDO) news was published by Seekingalpha.com which published an article titled: “Take A Look At England’s Amazon – Seeking Alpha” on October 10, 2018.

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