Ocado Group plc (OTCMKTS:OCDGF) Given Average Rating of “Strong Sell” by Brokerages

Shares of Ocado Group plc (OTCMKTS:OCDGFGet Free Report) have been given an average rating of “Strong Sell” by the nine brokerages that are covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $675.00.

Separately, BNP Paribas upgraded Ocado Group from an “underperform” rating to a “neutral” rating in a report on Monday, June 12th.

Check Out Our Latest Analysis on OCDGF

Ocado Group Price Performance

Shares of OCDGF opened at $9.87 on Friday. The stock’s fifty day simple moving average is $9.41 and its 200 day simple moving average is $7.12. Ocado Group has a twelve month low of $4.26 and a twelve month high of $12.99.

Ocado Group Company Profile

(Get Free Report

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. It operates through three segments: Retail, UK Solutions & Logistics, and International Solutions. The company sells general merchandise and grocery products on its Ocado.com, as well as provides online retail solutions to corporate customers; and customer fulfillment center and logistics services.

Further Reading

Analyst Recommendations for Ocado Group (OTCMKTS:OCDGF)

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