09-Feb-2021 07:18 AM
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 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 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
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
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
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
Morgan Stanley today reaffirms its equal weight investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1770p (from 1320p).
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20-Aug-2020 09:20 AM
Goldman Sachs today reaffirms its neutral investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 2205p (from 1250p).
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10-Aug-2020 09:50 AM
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).
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06-Aug-2020 08:10 AM
Peel Hunt today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 2490p (from 1700p).
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14-Jul-2020 07:11 AM
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
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
Credit Suisse today reaffirms its underperform investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1088p (from 932p).
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13-May-2020 11:20 AM
UBS today initiates coverage of Ocado Group Plc (LON:OCDO) with a neutral investment rating and price target of 1900p.
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11-May-2020 12:00 PM
Berenberg today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 2225p (from 1725p).
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07-May-2020 01:10 PM
Jefferies International today reaffirms its underperform investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 700p (from 600p).
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07-May-2020 01:00 PM
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).
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Broker Forecasts data provided by www.sharesmagazine.co.uk.
06-May-2020 07:18 AM
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
Berenberg today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1725p (from 1635p).
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Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Apr-2020 07:34 AM
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
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).
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19-Mar-2020 07:21 AM
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
Bernstein today reaffirms its outperform investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1700p (from 1600p).
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Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Feb-2020 10:40 AM
Credit Suisse today initiates coverage of Ocado Group Plc (LON:OCDO) with a underperform investment rating and price target of 932p.
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Broker Forecasts data provided by www.sharesmagazine.co.uk...
11-Feb-2020 07:23 AM
Online grocery delivery and technology group Ocado booked a deeper annual loss, owing to costs associated with warehouse fires and continued investment in its robotic logistics capabilities.
Pre-tax losses for the year through November amounted to £