Ocado Group PLC (LON:OCDO) has earned an average rating of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 867.86 ($11.34).

Several research analysts have recently weighed in on OCDO shares. Peel Hunt reaffirmed a “buy” rating on shares of Ocado Group in a research report on Wednesday, October 3rd. Bank of America reaffirmed a “buy” rating and set a GBX 1,020 ($13.33) price objective on shares of Ocado Group in a research report on Tuesday, October 16th. UBS Group reissued a “neutral” rating and set a GBX 750 ($9.80) price target on shares of Ocado Group in a research report on Monday, October 1st. Numis Securities reissued a “buy” rating and set a GBX 1,250 ($16.33) price target on shares of Ocado Group in a research report on Tuesday, October 30th. Finally, Barclays reissued an “equal weight” rating on shares of Ocado Group in a research report on Wednesday, October 10th.

Shares of OCDO stock traded down GBX 11 ($0.14) on Friday, hitting GBX 861.60 ($11.26). 906,204 shares of the stock were exchanged, compared to its average volume of 2,950,000. Ocado Group has a fifty-two week low of GBX 233.10 ($3.05) and a fifty-two week 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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