Ocado Group (OTCMKTS:OCDGF) Receives New Coverage from Analysts at Evercore ISI
Evercore ISI assumed coverage on shares of Ocado Group (OTCMKTS:OCDGF) in a report published on Monday, TipRanks reports. The brokerage issued a hold rating on the stock.
Separately, JPMorgan Chase & Co. downgraded Ocado Group from a neutral rating to an underweight rating in a research note on Monday, October 14th.
OTCMKTS:OCDGF opened at $15.80 on Monday. The stock’s 50-day simple moving average is $16.29 and its 200 day simple moving average is $15.51. Ocado Group has a twelve month low of $9.49 and a twelve month high of $18.68.
Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through two segments, Retail and Solutions. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store.
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