Ocado Group plc (LON:OCDO – Get Free Report) insider Tim Steiner purchased 61 shares of the stock in a transaction on Monday, August 17th. The shares were acquired at an average cost of GBX 243 per share, for a total transaction of £148.23.
Tim Steiner also recently made the following trade(s):
- On Wednesday, July 15th, Tim Steiner acquired 87 shares of Ocado Group stock. The stock was acquired at an average cost of GBX 172 per share, with a total value of £149.64.
- On Friday, June 12th, Tim Steiner acquired 76 shares of Ocado Group stock. The stock was acquired at an average cost of GBX 198 per share, with a total value of £150.48.
Ocado Group Stock Performance
Shares of LON OCDO opened at GBX 237.41 on Friday. The company has a current ratio of 1.41, a quick ratio of 2.81 and a debt-to-equity ratio of 110.64. Ocado Group plc has a 12 month low of GBX 140.30 and a 12 month high of GBX 362.23. The stock has a 50 day moving average of GBX 197.25 and a 200-day moving average of GBX 201.20. The company has a market capitalization of £1.98 billion, a P/E ratio of -7.84 and a beta of 2.40.
Analyst Ratings Changes
Several analysts recently commented on OCDO shares. JPMorgan Chase & Co. lifted their target price on shares of Ocado Group from GBX 245 to GBX 290 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 310 price target on shares of Ocado Group in a report on Monday, June 1st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Ocado Group currently has an average rating of “Buy” and a consensus target price of GBX 300.
Get Our Latest Analysis on Ocado Group
Ocado Group Company Profile
Ocado Group is a UK based technology company that provides end-to-end online grocery fulfilment solutions, known as the Ocado Smart Platform, to some of the world’s largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. OSP comprises access to Ocado’s physical infrastructure solutions, running highly efficient warehouse operations for the single pick of products, together with the entire end-to-end proprietary software applications required to operate a world class online grocery business.
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