Today: Ocado Group PLC’s (OCDO) Conviction-Buy Rating Reaffirm at Goldman Sachs Group Inc.

Today: Ocado Group PLC’s (OCDO) Conviction-Buy Rating Reaffirm at Goldman Sachs Group Inc.

Ocado Group PLC (LON:OCDO)‘s stock had its “conviction-buy” rating reiterated by equities researchers at Goldman Sachs Group Inc. in a note issued to investors on Monday.

A number of other equities analysts have also recently commented on the company. Deutsche Bank AG reaffirmed a “sell” rating and issued a GBX 220 ($2.75) price target on shares of Ocado Group PLC in a research note on Monday, November 21st. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 400 ($5.00) price target on shares of Ocado Group PLC in a research note on Wednesday, November 9th. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 215 ($2.69) price target on shares of Ocado Group PLC in a research note on Monday, October 17th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 410 ($5.12) price target on shares of Ocado Group PLC in a research note on Monday, September 26th. Finally, Barclays PLC cut Ocado Group PLC to a “sell” rating and set a GBX 220 ($2.75) price target on the stock. in a research note on Wednesday, September 21st. Five investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 322.08 ($4.02).

Ocado Group PLC (LON:OCDO) opened at 269.60 on Monday. The company’s market capitalization is GBX 1.60 billion. The company has a 50 day moving average price of GBX 268.77 and a 200-day moving average price of GBX 267.40. Ocado Group PLC has a one year low of GBX 203.00 and a one year high of GBX 391.00.

In related news, insider Douglas McCallum bought 80,000 shares of the company’s stock in a transaction on Friday, October 21st. The shares were acquired at an average cost of GBX 277 ($3.46) per share, with a total value of £221,600 ($276,861.57). Also, insider Alex Mahon bought 6,256 shares of the company’s stock in a transaction on Thursday, November 10th. The stock was bought at an average cost of GBX 272 ($3.40) per share, for a total transaction of £17,016.32 ($21,259.77).

Related posts

Leave a Comment