Ocado Share News (OCDO)

Broker tips: Ocado, G4S, AB Foods

(ShareCast News) - Numis reiterated a 'buy' rating and target price of 400p on Ocado Group on Tuesday after the online grocer reported growth in first half revenue and earnings. The company posted a 5.7% increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to £40.4m and

LONDON MARKET MIDDAY: Post-Referendum Bargain Hunting Lifts Shares

UPDATE 2-Weaker pound could help Ocado win overseas licensing deals

* Remains in talks with multiple international retailers * Shares rise up to 15 percent * Food inflation could benefit UK retailers (Adds context on food price inflation) By James Davey LONDON, June 28 (Reuters) - The slide in the value of sterling after Britain voted to

Numis reiterates 'buy' rating on Ocado

(ShareCast News) - Numis reiterated a 'buy' rating and target price of 400p on Ocado Group on Tuesday after the online grocer reported growth in first half revenue and earnings. The company posted a 5.7% increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to £40.4m and

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Revenue and earnings up for Ocado

(ShareCast News) - Online grocer Ocado saw revenue and earning grow in the first half of the year, reporting gross sales of £582.9m for the 24 weeks to 15 May on Tuesday, a 13.9% rise on £511.9m in the comparative period last year. EBITDA hit £40.4m, a 5.7% increase from £38.2m, off the back of reve

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TOP NEWS: Ocado First-Half Profit Up As Customer Numbers Grow

Ocado profit rises, talks with potential overseas partners continue

LONDON, June 28 (Reuters) - British online grocer Ocado reported a 5.7 percent rise in first-half core earnings and said talks to secure a long awaited overseas deal were continuing. The firm, whose range includes products supplied by upmarket grocer Waitrose and also has a distribution ag

Goldman takes down price targets on UK General Retailers

(ShareCast News) - Goldman Sachs cuts its target prices on General Retailers in the UK on expectations for lower non-food retail spending in 2017, to reflect movements in foreign exchange rates and on the basis of a now higher estimated UK equity risk premium. Combined, those three factors drove an

BROKER RATINGS SUMMARY: HSBC Raised But Barclays, Lloyds And RBS Cut

UK Earnings, Trading Statements Calendar - Next 7 Days

SocGen starts Ocado at 'sell', notes threat of AmazonFresh

(ShareCast News) - Societe Generale initiated coverage of Ocado at 'sell' with a 193p price target, saying the stock was not attractively valued at current levels. The French bank said AmazonFresh was a potential threat and it needed reassurance on the group's ability to sign international partnersh

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