Exane BNP Paribas disclosed Ocado Group Plc (LON:OCDO), retaining its price target at 215.00GBX earlier today
- Updated: October 16, 2016
Having a price of 256.05GBX, Ocado Group Plc (LON:OCDO) traded 0.39% higher on the day. With the last stock price down -7.75% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. OCDO has recorded a 50-day average of 279.08GBX and a two hundred day average of 276.96GBX. Trade Volume was down over the average, with 132,190 shares of OCDO changing hands under the typical 2,178,430
Stating a potential downside of -0.16%, Exane BNP Paribas hold steady the target price of Ocado Group Plc (LON:OCDO) at 215.00GBX
On Thursday September 29, 2016, Exane BNP Paribas released a statement about Ocado Group Plc (LON:OCDO) maintained the target price at 215.00GBX that suggested a downside of -0.16%.
Recent Performance Chart
Ocado Group Plc has 52 week low of 203.00GBX and a 52 week high of 412.70GBX with a PE ratio of 121.67 and has a market capitalization of 0 GBX.
In addition to Exane BNP Paribas reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is 360.64GBX with 2 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 4 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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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