Oatly Group AB Sponsored ADR (NASDAQ:OTLY) Receives Average Rating of “Hold” from Brokerages

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) has been given a consensus rating of “Hold” by the seven research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $14.75.

A number of research firms have recently weighed in on OTLY. DA Davidson set a $14.00 price target on shares of Oatly Group and gave the company a “buy” rating in a report on Friday, November 21st. Mizuho set a $18.00 target price on Oatly Group and gave the company an “outperform” rating in a report on Wednesday, November 26th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a research report on Monday, December 29th. Zacks Research raised Oatly Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 17th. Finally, Barclays set a $15.00 target price on Oatly Group and gave the stock an “overweight” rating in a report on Friday, January 16th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Performa Ltd US LLC boosted its holdings in Oatly Group by 16.8% during the fourth quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after acquiring an additional 1,450 shares during the period. Goldman Sachs Group Inc. boosted its stake in Oatly Group by 80.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock valued at $294,000 after purchasing an additional 12,249 shares during the period. R Squared Ltd bought a new stake in Oatly Group during the 4th quarter valued at approximately $155,000. Credit Agricole S A acquired a new stake in Oatly Group in the 3rd quarter valued at approximately $2,098,000. Finally, UBS Group AG increased its position in Oatly Group by 1.5% in the 3rd quarter. UBS Group AG now owns 646,591 shares of the company’s stock worth $10,475,000 after buying an additional 9,620 shares during the period. Institutional investors and hedge funds own 68.15% of the company’s stock.

Oatly Group Trading Down 0.1%

NASDAQ:OTLY opened at $11.19 on Wednesday. The company has a debt-to-equity ratio of 7.21, a quick ratio of 0.32 and a current ratio of 0.42. The company has a market capitalization of $339.39 million, a P/E ratio of -1.49 and a beta of 1.97. The stock’s 50 day moving average price is $11.34 and its 200 day moving average price is $14.08. Oatly Group has a 52 week low of $6.00 and a 52 week high of $18.84.

Oatly Group Company Profile

Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.

Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.