Ocado Group PLC (OCDO) Insider Mark Richardson Acquires 50 Shares

Ocado Group PLC (LON:OCDO) insider Mark Richardson purchased 50 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was bought at an average cost of GBX 298 ($4.01) per share, with a total value of £149 ($200.38).

Shares of Ocado Group PLC (LON:OCDO) opened at 282.80 on Wednesday. The stock’s market cap is GBX 1.69 billion. The company has a 50-day moving average of GBX 298.60 and a 200 day moving average of GBX 280.27. Ocado Group PLC has a one year low of GBX 233.00 and a one year high of GBX 340.00.

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A number of equities analysts have weighed in on the stock. Citigroup Inc. assumed coverage on shares of Ocado Group PLC in a research note on Wednesday, August 30th. They set a “buy” rating and a GBX 400 ($5.38) target price for the company. Goldman Sachs Group, Inc. (The) reaffirmed a “conviction-buy” rating and set a GBX 440 ($5.92) target price on shares of Ocado Group PLC in a research note on Monday, June 5th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Ocado Group PLC in a research note on Friday, July 21st. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 390 ($5.24) target price on shares of Ocado Group PLC in a research note on Wednesday, June 7th. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a GBX 265 ($3.56) target price on shares of Ocado Group PLC in a research note on Monday, June 19th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 310.45 ($4.18).

Ocado Group PLC Company Profile

Ocado Group plc is a United Kingdom-based online grocery retailer. The Company’s principal activities are grocery retailing and the development and monetization of Intellectual Property (IP) and technology used for the online retailing, logistics and distribution of grocery and consumer goods, derived from the United Kingdom.

Insider Buying and Selling by Quarter for Ocado Group PLC (LON:OCDO)

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