Ocado Group’s (OCDGF) “Neutral” Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Ocado Group (OTCMKTS:OCDGF) in a research report sent to investors on Tuesday, The Fly reports.

Other equities research analysts also recently issued research reports about the company. UBS Group reiterated a neutral rating on shares of Ocado Group in a report on Wednesday, September 9th. Berenberg Bank reiterated a buy rating on shares of Ocado Group in a report on Wednesday, September 9th. Barclays downgraded Ocado Group from an equal weight rating to an underweight rating in a report on Monday, August 10th. Finally, Morgan Stanley reiterated an equal weight rating on shares of Ocado Group in a report on Thursday, August 20th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold.

Shares of OCDGF stock traded up $2.96 on Tuesday, reaching $33.66. 2,146 shares of the stock were exchanged, compared to its average volume of 5,262. Ocado Group has a one year low of $12.83 and a one year high of $34.25. The stock has a 50 day moving average price of $30.52 and a 200 day moving average price of $23.82.

Ocado Group Company Profile

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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