Register
Login:
Share:
Email Facebook Twitter

EXCLUSIVE: Ascent CEO Colin Hutchinson with latest on review and permitting Watch Here

EXCLUSIVE: Ascent CEO Colin Hutchinson with latest on review and permitting


Ocado Share Price (OCDO)



Share Price Information for Ocado (OCDO)


Share Price: 1,056.50Bid: 1,059.00Ask: 1,060.50Change: 40.00 (+3.94%)Riser - Ocado
Spread: 1.50Spread as %: 0.14%Open: 1,021.50High: 1,060.50Low: 1,012.50Yesterday’s Close: 1,016.50

Ocado Group Plc Ord 2P

Ocado is listed in the FTSE 250, FTSE All-Share, FTSE 350, FTSE 350 Low Yield
Ocado is part of the Household Utilities sector






Share Price SpacerPrice
1056.50
Share Price SpacerBid
1059.00
Share Price SpacerAsk
1060.50
Share Price SpacerChange
3.94%40.00
Share Price SpacerVolume
1,401,023
Share Price SpacerOpen
1,021.50
Share Price SpacerHigh
1,060.50
Share Price SpacerLow
1,012.50
Share Price SpacerClose
1,016.50
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 697.21m £7,366.04m 2,000

52 Week High 1,163.00 52 Week High Date 24-JUL-2018
52 Week Low 235.80 52 Week Low Date 27-NOV-2017

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
2,745 952,674 387,873 6,603.125 0.16 0.00 0.00


London South East Users info for Ocado




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

16-Aug-18
17:43:16
1,038.408
26,938
Sell* 
1,059.00
1,060.50
279.73k
Trade Type:
Ordinary

16-Aug-18
17:42:55
1,034.356
5,079
Sell* 
1,059.00
1,060.50
52.53k
Trade Type:
Ordinary

16-Aug-18
17:42:41
1,028.213
4,023
Sell* 
1,059.00
1,060.50
41.37k
Trade Type:
Ordinary




View more Ocado trades >>

Directors Deals for Ocado (OCDO)
Trade DateActionNotifierPriceCurrencyAmountHolding
15-Aug-18Transfer From
Trade Notifier Information for Ocado Group
Tim Steiner held the position of CEO at Ocado Group at the time of this trade.
 Tim Steiner
0220188466
15-Aug-18Buy
Trade Notifier Information for Ocado Group
Tim Steiner held the position of CEO at Ocado Group at the time of this trade.
 Tim Steiner
1046.5GBX1520188466
15-Aug-18Buy
Trade Notifier Information for Ocado Group
Duncan Tatton-Brown held the position of CFO at Ocado Group at the time of this trade.
 Duncan Tatton-Brown
1046.5GBX14181147
View more Ocado directors dealings >>


AllAtSea
Posts: 555
Opinion:No Opinion
Price:1,018.00
China?
Today 08:48
"Ocado (OCDO) partner Kroger has teamed up with Alibaba in China but this isn’t a negative for the online supermarket, says Peel Hunt.

Analyst James Lockyer retained his ‘buy’ recommendation and target price of £17 on the stock after Kroger - Ocado’s most recent licence partner - announced it was partnering with Alibaba in China to distribute some of its Simple Truth organic products.

Lockyer said the deal was a ‘toe-dipping exercise’, selling a limited number of items rather than the full grocery shop that Ocado offers.

‘Given that Ocado has only been doing exclusive deals in countries, if Ocado had an eye on China at some point, it is unlikely to want to give away its exclusivity to Kroger, an effective start-up in the country,’ he said.

‘We also don’t believe an Ocado partnership with Alibaba would be out of the question over the medium term, given that to operate in China you usually have to have a Chinese-backed partner in the first instance.’"
Gioviano55020
Posts: 201
Opinion:No Opinion
Price:1,050.00
RE: SP
9 Aug '18
Exactly, plus it's worth noting that Barclays don't know their Ar**e from their elbow.
In fact, they can't even make a profit from their banking.
sp1der
Posts: 4
Opinion:No Opinion
Price:1,050.00
RE: SP
8 Aug '18
It's also worth noting that Barclays previously had a target price of 265p, so they have always held a negative stand on Ocado.
AllAtSea
Posts: 555
Opinion:No Opinion
Price:1,050.00
RE: SP
8 Aug '18
"OCADO'S VALUATION IS UNREASONABLY HIGH, THINKS BARCLAYS
(Sharecast News) - Ocado was downgraded to 'underweight' at Barclays from 'equal weight' as while the online grocery business has been de-risked, this does not guarantee "unlimited upside" for the share price.
Over the last nine months the company has been catapulted into the FTSE 100 after confounding many doubters by signing signing up four overseas retailers for its Smart Platform robot-operated warehouse system: France's Casino, Sobeys of Canada, Sweden's ICA and US giant Kroger the most impressive of all.

"After several years of unfulfilled promise, the willingness of third parties to pay for Ocado's online grocery expertise has undermined a central bear argument on Ocado," Barclays analysts wrote.

Raising £340m of cash in the first half also minimises medium-term balance sheet concerns investors may have had.

"However, eliminating serious bear points does not mean unlimited upside for the share price and we think that a more reasonable valuation is now around 875p."

With the share price having risen to almost 1,100p, Barclays target implies around 20% downside.

Ascribing a value to Ocado is "art not science", the analysts declared, as even with multiple deals signed, putting a value on them implies many assumptions that can be debated at length, with fairly minor tweaks to Barclays' assumptions liable to produce very different results - "including valuations that are lower than our new price target but also valuations that imply upside from the current share price".

Future licensing deals may boost the share price but "we struggle to foresee further deals approaching anywhere like the magnitude of the Kroger deal", which involves building 20 customer fulfilment centres.

"Having opened four CFCs in its home market in 18 years, Ocado must now work on 23 in the coming few years - spread thousands of miles apart. Flawless execution would be impressive - any delays could be problematic," the analysts said."

It's fair comment from a quarter that takes a pessimistic view until there's reason to do otherwise. Nevertheless, only GMT Capital is a significant shorter so seems there money is not in the same place as their mouth. But what do I know?
Gioviano55020
Posts: 201
Opinion:No Opinion
Price:1,050.00
RE: SP
8 Aug '18
Who said £8.50? that is a joke, yes
Conditions haven't changed, so why would they be that price?
View more share chat for Ocado (OCDO) >>







Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk








Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.