Ocado Group

Ocado Group is an online grocery retailer. Co.'s principal activities are grocery retailing and the development and monetisation of Intellectual Property and technology used for the online retailing, logistics and distribution of grocery and consumer goods. Co. has two reportable segments: Retail, which provides online grocery and general merchandise offerings to customers within the U.K.; and Solutions, which provides end-to-end online retail solutions to corporate customers within and outside of the U.K. OCADO retails brand include ocado, fetch, Sizzle, and FABLED marie Claire. OCADO solutions brand include Groupe Casino, Sobeys, and Morrisons.
  • TickerOCDO
  • ISINGB00B3MBS747
  • ExchangeLondon Stock Exchange
  • SectorFood & Drug Retailers
  • CountryUnited Kingdom

Analysts

OCADO GROUP PLC. sees an upgrade to Neutral thanks to a better star rating, but the title remains unattractive

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...

Ocado Group plc: Update after Ba3 CFR placed under review for possible downgrade

Our credit view of Ocado Group plc, reflecting the convertible bond issuance that led to its ratings being placed under review.

Moody's places Ocado's Ba3 CFR under review for possible downgrade

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

Feasibility Study Results in December to be a Catalyst for this Junior