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Ocado Group PLC Ord 2P (OCDO)

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18-Mar-2021 07:16 AM

Ocado Retail sees Q1 growth surge

Ocado Retail, the joint venture between Ocado Group and Marks & Spencer, has seen a 40% growth in revenue in the 13 weeks to February 28, 2021. Retail revenue grew from £428.8 million in the 13 weeks to March 1, 2020, to £599 million in the
09-Feb-2021 07:18 AM

Ocado losses narrow on pandemic-driven grocery sales boost

Grocery delivery and logistics technology group Ocado posted a narrower annual loss after its sales were boosted by higher demand for groceries during Covid-19 lockdowns. Pre-tax losses for the year through 29 November amounted to £44.0 million, co
10-Dec-2020 08:45 AM

Ocado Retail's revenue up 35% in Q4

Ocado Retail's revenue grew 35% in the fourth quarter to £579.6m compared to £429.7m in Q4 2019, reflecting strong demand for online grocery, according to the company's trading statement for the 13 weeks to 29 November 2020. Average
02-Nov-2020 04:38 PM

FTSE 100 closes up more than 1.4% as US stocks recover

FTSE 100 closes up more than xx% as US stocks recover The start of the week saw the FTSE 100 recover at least some of the ground lost last week with US stocks also opening higher. The FTSE 100 closed up 1.4% at 5,657.01, with European markets also makin
02-Nov-2020 07:19 AM

Ocado upgrades full year expectations, announces acquistions

Online grocery delivery firm Ocado has upgraded its full year earnings expectations after reporting strong demand from its Ocado Retail joint venture with Marks & Spencer. Ocado said trading remained strong through the fourth quarter of the current finan
15-Sep-2020 12:45 PM

Upbeat earnings and M&A drive solid gains for FTSE at lunchtime

The UK's leading stocks rallied through the late morning session on Tuesday as investors were lifted by positive earnings reports and the recent spate of takeover deals. In total the value of global merger and acquisition (M&A) deals this month is ap
15-Sep-2020 07:09 AM

Ocado JV with Marks & Spencer sees sales jump 52%

Online grocery retailer Ocado said its joint venture with Marks & Spencer had grown its revenue by 52% in the the third quarter as people hunkered down at home during the pandemic. Ocado said the division's strong performance suggested that the comp
20-Aug-2020 10:10 AM

Broker Forecast - Morgan Stanley issues a broker note on Ocado Group Plc

Morgan Stanley today reaffirms its equal weight investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1770p (from 1320p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Aug-2020 09:20 AM

Broker Forecast - Goldman Sachs issues a broker note on Ocado Group Plc

Goldman Sachs today reaffirms its neutral investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 2205p (from 1250p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
10-Aug-2020 09:50 AM

Broker Forecast - Barclays Capital issues a broker note on Ocado Group Plc

Barclays Capital today downgrades its investment rating on Ocado Group Plc (LON:OCDO) to underweight (from equal weight) and raised its price target to 1600p (from 1200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.shar
06-Aug-2020 08:10 AM

Broker Forecast - Peel Hunt issues a broker note on Ocado Group Plc

Peel Hunt today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 2490p (from 1700p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Jul-2020 07:11 AM

Ocado losses narrow as Covid-19 lockdowns boost online grocery sales

Online grocery group Ocado narrowed its first-half losses after Covid-19 lockdowns contributed to a boost in revenue that was nevertheless offset by continued investments in its logistics business. Pre-tax losses for the six months through March amounted
05-Jun-2020 12:08 PM

FTSE rallies as investors continue to bet on recovery

UK markets continued to rally in late morning trading as investors continued to bet on a sharp economic recovery, with the UK and other countries around the world increasingly easing lockdown restrictions. The UK's benchmark FTSE 100 saw its early t
26-May-2020 01:10 PM

Broker Forecast - Credit Suisse issues a broker note on Ocado Group Plc

Credit Suisse today reaffirms its underperform investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1088p (from 932p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-May-2020 11:20 AM

Broker Forecast - UBS issues a broker note on Ocado Group Plc

UBS today initiates coverage of Ocado Group Plc (LON:OCDO) with a neutral investment rating and price target of 1900p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
11-May-2020 12:00 PM

Broker Forecast - Berenberg issues a broker note on Ocado Group Plc

Berenberg today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 2225p (from 1725p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-May-2020 01:10 PM

Broker Forecast - Jefferies International issues a broker note on Ocado Group Plc

Jefferies International today reaffirms its underperform investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 700p (from 600p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-May-2020 01:00 PM

Broker Forecast - RBC Capital Markets issues a broker note on Ocado Group Plc

RBC Capital Markets today reaffirms its sector performer investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1350p (from 1150p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk.
06-May-2020 07:18 AM

Ocado grocery revenue jumps; completes warehouses in Canada, France

Online grocer Ocado said growth at its retail joint venture with Marks & Spencer had jumped 40% so far in the second quarter, as Covid-19 lockdowns sparked a surge in demand for home deliveries. Ocado said the number of items per basket appeared to have
29-Apr-2020 08:00 AM

Broker Forecast - Berenberg issues a broker note on Ocado Group Plc

Berenberg today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1725p (from 1635p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Apr-2020 07:34 AM

Ocado to issue trading update next week at AGM

Online shopping group Ocado said it would issue a trading update next Wednesday. The company said it considered 'regular shareholder communication important in the light of the current unprecedented trading environment'. The update would be is
20-Mar-2020 01:40 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on Ocado Group Plc

JP Morgan Cazenove today upgrades its investment rating on Ocado Group Plc (LON:OCDO) to neutral (from underweight) and raised its price target to 1400p (from 1090p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmaga
19-Mar-2020 07:21 AM

Online shopping site Ocado reports revenue boost as coronavirus concerns spike demand

Retail revenue at Ocado Retail has grown 10.3% so far in 2020, reaching £441.2m in the 13 weeks to March 1, 2020. According to its latest trading statement, the joint venture between Ocado Group and Marks & Spencer has seen a spike in the value of
12-Mar-2020 12:20 PM

Broker Forecast - Bernstein issues a broker note on Ocado Group Plc

Bernstein today reaffirms its outperform investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1700p (from 1600p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Feb-2020 10:40 AM

Broker Forecast - Credit Suisse issues a broker note on Ocado Group Plc

Credit Suisse today initiates coverage of Ocado Group Plc (LON:OCDO) with a underperform investment rating and price target of 932p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...

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