A statement released earlier today by Credit Suisse about Ocado Group Plc (LON:OCDO) maintains the target price at 410.00GBX
- Updated: September 25, 2016
Credit Suisse hold steady the target of Ocado Group Plc (LON:OCDO) at 410.00GBX stating a potential upside of 0.56%.
On Wednesday September 21, 2016, Deutsche Bank released a statement for Ocado Group Plc (LON:OCDO) maintained the target price at 220.00GBX that suggested a downside of -0.16%.
Boasting a price of 263.00GBX, Ocado Group Plc (LON:OCDO) traded 0.19% higher on the day. With the last stock price close down -7.23% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ocado Group Plc has recorded a 50-day average of 290.01GBX and a two hundred day average of 279.16GBX. Volume of trade was up over the average, with 2,470,491 shares of OCDO changing hands over the typical 2,308,680
With a total market value of 0 GBX, Ocado Group Plc has price-earnings ratio of 123.33 with a one year low of 203.00GBX and a one year high of 412.70GBX .
A total of 14 equity analysts have released a research note on OCDO. Two equity analysts rating the company a strong buy, six equity analysts rating the company a buy, four equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 360.64GBX.
Brief Synopsis About Ocado Group Plc (LON:OCDO)
Ocado Group plc is a United Kingdom-based company engaged in 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. The Company sells groceries and other every day and specialist products to consumers placing orders through its interfaces. The Company offers approximately 47,000 stock keeping unit (SKU) at Ocado.com. The Company's brands include Ocado, Ocado Smart Platform, Sizzle and Fetch. Ocado Smart Platform is the online grocery platform solution. It includes e-commerce Website and mobile applications. Sizzle is the kitchen and dining store. Fetch is the pet store. The Company fulfils orders from its centralized customer fulfilment centers (CFCs) in Hatfield, Hertfordshire and Cordon, and Warwickshire.
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