JPMorgan upgraded Ocado Group (OCDGF) to Overweight from Neutral with a price target of 400 GBp, up from 340 GBp. The firm says its analysis of the global e-grocery space shows the rising possibility of new deals in the company’s Solutions operations.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OCDGF:
- Ocado Group Sees Change in Major Holdings
- Ocado Group Enhances Stakeholder Alignment with Share Incentive Plan
- Ocado Group Announces Significant Share Purchase by Associated Entity
- Ocado Group Seeks Block Listing for Employee Share Schemes
- Ocado Group’s Growth Hindered by Delayed Kroger CFC Expansion and Market Reaction
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue