Ocado Group PLC (OTCMKTS:OCDGF) Given Consensus Recommendation of “Hold” by Analysts

Ocado Group PLC (OTCMKTS:OCDGF) has been assigned an average rating of “Hold” from the six research firms that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company.

A number of equities analysts have commented on OCDGF shares. Berenberg Bank restated a “buy” rating on shares of Ocado Group in a research report on Monday, May 11th. UBS Group reissued a “hold” rating on shares of Ocado Group in a report on Tuesday, July 28th. Finally, Royal Bank of Canada restated a “hold” rating on shares of Ocado Group in a research report on Thursday, May 7th.

Shares of OTCMKTS OCDGF opened at $26.85 on Tuesday. The stock has a fifty day moving average price of $25.83 and a 200 day moving average price of $20.44. Ocado Group has a 1-year low of $12.83 and a 1-year high of $28.10.

About Ocado Group

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through two segments, Retail and Solutions. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store.

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Analyst Recommendations for Ocado Group (OTCMKTS:OCDGF)

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