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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
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Share Price: 352.10
Bid: 352.00
Ask: 353.10
Change: 8.60 (2.50%)
Spread: 1.10 (0.313%)
Open: 344.40
High: 356.70
Low: 332.90
Prev. Close: 343.50
OCDO Live PriceLast checked at -

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Ocado drops on concerns about international deal

Mon, 08th Feb 2016 15:18

(ShareCast News) - Ocado shares dipped on the back of a note from Barclays, saying it is struggling to have "sufficient faith in an imminent international deal" to justify upgrading the stock.The bank said Ocado isn't the only option for grocers wanting to build an online business."Having said this, we are very sympathetic to Ocado's view that it is offering a much more comprehensive solution and that many retailers will prefer to fully 'own' their customer relationships."Barclays said while the company remained confident, the reality is there wasn't a deal in 2015 and there is no evident timeline."Although we expect that the signing of a deal with a credible partner would be a considerable boost for sentiment, we are also a little wary of assuming that this would answer all the market's doubts."The bank retained its 'equal weight' rating but cut its target price from 420p to 290p.Shares in Ocado had dropped 15.7p (6.06%) to 243.30 at 1520 GMT.
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22 May 2024 10:08

M&S doubles down on refusal of final payment for Ocado Retail

LONDON, May 22 (Reuters) - Marks & Spencer reiterated its position on Wednesday that it does not have to make a final payment to Ocado Group for its share of the Ocado Retail online supermarket joint venture.

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21 May 2024 09:12

TOP NEWS: Food price inflation at lowest level since October 2021

(Alliance News) - Food price inflation fell for the fifteenth month in a row while sales ticked higher, figures on Tuesday showed.

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21 May 2024 08:00

UK grocery price inflation falls to 2.4%, says Kantar

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Grocery inflation at lowest level since Oct 2021

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13 May 2024 09:41

LONDON BROKER RATINGS: BAE Systems and Mondi cut to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

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9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

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2 May 2024 17:06

FTSE 100 boosted by strong earnings from Shell, StanChart

StanChart jumps after posting a 5.5% rise in pretax profit

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2 May 2024 08:00

Ocado, Lidl and M&S are UK's fastest growing grocers, says NIQ

LONDON, May 2 (Reuters) - Online supermarket Ocado , discounter Lidl and upmarket food seller Marks & Spencer were Britain's fastest growing grocers over the last quarter, industry data showed on Thursday.

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29 Apr 2024 17:13

Ocado pay policy opposed by 19% of votes cast at annual meeting

LONDON, April 29 (Reuters) - Some 19% of votes cast at Ocado's annual shareholder meeting on Monday opposed the online grocer and technology group's proposed new pay policy that could see boss Tim Steiner pick up a bonus share award of up to 15 million pounds ($19 million).

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24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

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23 Apr 2024 17:12

UK's FTSE 100 hits record peak; Associated British Foods surges

Associated British Foods jumps after forecasting growth

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23 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 pushes to new high; AB Foods surges

(Alliance News) - The FTSE 100 hit another intraday high on Tuesday, driven by data providing some "fresh optimism" about the UK economy.

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23 Apr 2024 08:57

Shoppers clamber for deals as grocery inflation slows further

(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday.

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23 Apr 2024 08:54

LONDON MARKET OPEN: AB Foods profit soars boosting interim dividend

(Alliance News) - Stock prices in London continued to build on Monday's gains early on Tuesday, thanks to sentiment boosted by the prospect of interest rate cuts.

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