Supermarket sales ease as shoppers get back to normal
22nd Jun 2021 10:17
(Sharecast News) - Supermarket sales eased over the last three months, industry data showed on Tuesday, as shoppers made more regular trips but spent less.
Read moreMonday broker round-up
21st Jun 2021 13:05
(Sharecast News) - SSE: Jefferies downgrades to hold with a target price of 1,680p.
Read moreMorgan Stanley upgrades Ocado after selloff
21st Jun 2021 09:20
(Sharecast News) - Morgan Stanley upgraded its recommendation on shares of online supermarket Ocado on Monday to 'overweight' from 'equalweight' following a selloff.
Read moreDirector dealings: Ocado director snaps up £12.94m in shares
11th May 2021 15:58
(Sharecast News) - Ocado Group revealed on Tuesday that non-executive director John Rausing had acquired 660,777 ordinary shares in the FTSE 100-listed grocer.
Read moreVaccinated shoppers help boost UK supermarket sales
27th Apr 2021 10:40
(Sharecast News) - Take-home grocery sales are continuing to grow, industry data showed on Tuesday, as the ongoing vaccine rollout and easing of lockdown restrictions boost demand.
Read moreOcado invests £10m in self-drive vehicle software group
16th Apr 2021 07:25
(Sharecast News) - Ocado is investing £10m in Oxbotica, an autonomous vehicle software company, and has set up a commercial partnership to develop self-driving vehicles.
Read moreUK grocery sales ease on anniversary of pandemic
30th Mar 2021 11:33
(Sharecast News) - British grocery sales slowed ahead of the anniversary of the first national lockdown, industry data published on Tuesday showed.
Read moreFriday broker round-up
26th Mar 2021 13:40
(Sharecast News) - Ocado Group: Berenberg downgrades to hold with a target price of 2,390p.
Read moreBerenberg cuts Ocado to 'hold', says high expectations are built in
26th Mar 2021 08:05
(Sharecast News) - Berenberg downgraded Ocado shares to 'hold' from 'buy' on Friday and cut the price target to 2,390p from 2,925p as it said it's a great company but expectations are high.
Read moreOcado Q1 revenues soar 40% amid latest Covid lockdown
18th Mar 2021 07:00
(Sharecast News) - Online supermarket Ocado Retail said it expects positive revenue growth in the second quarter after reporting a 40% rise in sales for the 13 weeks to the February 28 as more Britons had their groceries delivered during the current national Covid lockdown.
Read moreUK grocery sales surge as lockdown shutters hospitality sector
2nd Mar 2021 09:14
(Sharecast News) - Grocery sales surged over the last month, industry data showed on Tuesday, as the lockdown continued to curtail spending in cafes, pubs and restaurants.
Read moreWednesday broker round-up
10th Feb 2021 13:12
(Sharecast News) - Ocado Group: Berenberg reiterates buy with a target price of 2,925p.
Read moreBarclays reiterates 'underweight' on Ocado
10th Feb 2021 09:54
(Sharecast News) - Barclays reiterated its 'underweight' rating on shares of online supermarket Ocado as it said it was disappointed and surprised that "2020 did not see any new deals inked".
Read moreOnline grocery sales surge as lockdown 3.0 bites
9th Feb 2021 10:08
(Sharecast News) - British shoppers spent a record £1.4bn buying groceries online last month, industry data showed on Tuesday, following the introduction of the third national lockdown.
Read moreOcado profits boosted by home delivery demand during pandemic
9th Feb 2021 07:01
(Sharecast News) - Online grocery platform and solutions provider Ocado on Tuesday reported a 68.8% rise in core earnings as the coronavirus pandemic drove demand for home deliveries.
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