Ozon Holdings PLC (NASDAQ:OZON) Receives Average Recommendation of “Buy” from Brokerages
Ozon Holdings PLC (NASDAQ:OZON) has been assigned an average rating of “Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $51.00.
A number of brokerages have commented on OZON. Renaissance Capital raised Ozon from a “hold” rating to a “buy” rating in a research note on Wednesday, March 31st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell began coverage on Ozon in a research note on Monday, December 21st. They issued a “neutral” rating and a $48.00 price objective for the company. HSBC began coverage on Ozon in a research note on Tuesday, January 5th. They issued a “buy” rating and a $55.00 price objective for the company. Smith Barney Citigroup began coverage on Ozon in a research note on Monday, December 21st. They issued a “neutral” rating and a $48.00 price objective for the company. Finally, JPMorgan Chase & Co. began coverage on Ozon in a research note on Friday, February 12th. They issued a “neutral” rating for the company.
NASDAQ OZON traded up $0.28 during trading hours on Friday, hitting $59.32. 25,940 shares of the company’s stock were exchanged, compared to its average volume of 1,240,416. The firm has a 50-day moving average of $57.45. Ozon has a 1-year low of $38.09 and a 1-year high of $68.77.
Ozon Company Profile
Ozon Holdings PLC, together with its subsidiaries, operates as an internet retailer of multi-category consumer products to the general public primarily in the Russian Federation. The company offers products in various categories that include electronics, home and dÃ©cor products, children's goods, fast moving consumer goods, fresh food, and car parts.
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