Ocado Group

13 days ago · proactiveinvestors.com

Ocado Group PLC (LSE:OCDO), the online grocery technology group, has about 50% share-price upside, according to JP Morgan, which raised its price target to 460p from 290p. The bank reiterated its 'overweight' rating, with analyst Marcus Diebel arguing that improving operational performance and several upcoming catalysts support a sustained recovery in the investment case.

2 months ago · reuters.com

British technology and online supermarket group ​Ocado on Thursday confirmed Danish online grocer nemlig ‌as the previously unnamed European retailer announced as its latest partner last month.

3 months ago · proactiveinvestors.co.uk

JP Morgan has raised its target price for Ocado Group PLC (LSE:OCDO) to 290p from 245p, arguing the market is valuing the technology group as if its customers were shutting warehouses rather than opening them. Marcus Diebel reiterated an overweight rating on the stock, which has fallen 7% so far this year against a 9% gain for the FTSE 100.

3 months ago · proactiveinvestors.co.uk

UBS has cut its price target on Ocado Group PLC (LSE:OCDO) to 230p from 340p, a 34% reduction that reflects less confidence in the timing and scale of new contract wins rather than any change to its neutral rating. The shares closed at 212p on Wednesday, leaving barely 9% of implied upside.

3 months ago · reuters.com

Britain's Ocado said on Tuesday it would build a ​large robotic warehouse for a fast-growing ‌European national retailer that it did not name, providing a boost to its ​embattled technology solutions business.