- ExchangeLondon Stock Exchange
- SectorFood & Drug Retailers
- CountryUnited Kingdom
The independent financial analyst theScreener just awarded an improved star rating to OCADO GROUP PLC. (GB), active in the Food Retailers & Wholesalers industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 1 out of 4 possible stars. Given its market behaviour as moderately risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Neutral; the title, however, remains unattractive. As of the analysis date December 13, 2019, the closing price was GBp 1,239.50 and its target price was estimated at GBp 9...
Our credit view of Ocado Group plc, reflecting the convertible bond issuance that led to its ratings being placed under review.
Rating Action: Moody's places Ocado's Ba3 CFR under review for possible downgrade. Global Credit Research- 03 Dec 2019. London, 03 December 2019-- Moody's Investors Service has today placed under review for possible downgrade the Ba3 long-term corporate family rating and Ba3-PD probability of default rating of UK online grocery retailer and technology-driven software and robotics platform business Ocado Group plc.
Feasibility Study Results in December to be a Catalyst for this Junior