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

Writer, Stock Market Wire
Thursday, April 11, 2019 - 12:50

HSBC today downgrades its investment rating on Ocado Group Plc (LON:OCDO) to reduce (from hold) and raised its price target to 900p (from 750p).

Broker Forecasts data provided by www.sharesmagazine.co.uk


Related content

Our top picks in the UK supermarket sector

Author: 

While last year saw grocery spending lifted by high temperatures, World Cup fever and a Royal Wedding, the big supermarket chains haven’t had much to...

Thu, 10/10/2019 - 00:00


Sirius Minerals setback for thousands of UK investors and Ocado customers increase order frequency

“European markets were fairly quiet on Tuesday with the FTSE 100 dipping 0.1% to 7,313. Oil prices retreated from yesterday’s sharp rally, albeit only slipping...

Tue, 17/09/2019 - 09:43


Ocado retail sales up 11.4% in first quarter

Online grocery retailer Ocado said it grew sales in its retail division by 11.4% in the third quarter, putting it on track to meet its...

Tue, 17/09/2019 - 07:37


Morrisons has fingers in many pies and US vaping crackdown hangs over British American Tobacco

“Trump’s decision to delay a planned tariff hike on $250 billion of Chinese goods has raised hopes among investors that relationships between the US and...

Thu, 12/09/2019 - 09:57


Marks & Spencer ready to check-out of FTSE 100 in latest index reshuffle

We have already had four changes to the FTSE 100’s make-up in 2019, and further changes look likely at the reshuffle that will take place...

Wed, 28/08/2019 - 09:59