Ocado slips as high-speed grocery delivery demand faces scrutiny
19th Jun 2019 15:32
(Sharecast News) - Ocado's shares slipped on Friday after a report from industry website The Grocer questioned the value of high-speed grocery delivery services and the online supermarket sold its Fabled by Marie Clare fashion retailer.
Read moreOcado makes ?17m investment in vertical farming industry
10th Jun 2019 11:44
(Sharecast News) - Ocado shares rallied on Monday after the online grocer said it was making a £17m investment in the vertical farming industry.
Read moreMonday broker round-up
3rd Jun 2019 12:07
(Sharecast News) - Ferguson: Peel Hunt upgrades to add with a target price of 5,430p.
Read moreSunday share tips: Marks & Spencer, The Renewables Infrastructure Group
2nd Jun 2019 10:56
(Sharecast News) - In her Midas Share Tips column for the Mail On Sunday, Joanne Hart discussed Marks & Spencer's alignment with Ocado, where M&S agreed to acquire half the online retailer's UK business for up to £750m.
Read moreAldi and Lidl continue to eat away at 'big four's' market share, Kantar says
29th May 2019 11:54
(Sharecast News) - Consumer spend on groceries held up well over the last few months, as shoppers continued to file their way towards discounters Aldi and Lidl even though temperatures failed to match 2018's record highs, the results of a closely-followed survey revealed.
Read moreOcado says fire at distribution center puts 400 jobs at risk
17th May 2019 12:32
(Sharecast News) - It will take Ocado two years to rebuild the distribution centre that was destroyed in a fire in February 2019, leaving roughly 400 jobs at risk.
Read moreBoA ups price target for Ocado as expansion plans gear up
8th May 2019 14:42
(Sharecast News) - Bank of America Merrill Lynch has upped its price objective for shares of Ocado, arguing that the online grocer is primed for further expansion.
Read moreWednesday broker round-up
8th May 2019 12:16
(Sharecast News) - Sainsbury: BofA Merrill Lynch downgrades to neutral with a target price of 235p
Read moreThursday broker round-up
11th Apr 2019 11:58
(Sharecast News) - Ocado: HSBC downgrades to reduce with a target price of 900p.
Read moreHSBC cuts back on Ocado, downgrades to 'reduce'
11th Apr 2019 11:29
(Sharecast News) - Analysts at HSBC bumped up their target price for shares of Ocado even as they downgraded their recommendation for them, arguing that the company's pivot to a technology provider had only shifted the risk of the Home Delivery model floundering onto the shoulders of its customers.
Read moreAsda and Aldi overtake supermarket rivals - Kantar
2nd Apr 2019 08:03
(Sharecast News) - Asda moved up to become the second largest supermarket in Britain in recent weeks, while discounter Aldi overtook Morrisons in terms of shopper numbers.
Read moreOcado sees only temporary setback from Andover fire
19th Mar 2019 07:23
(Sharecast News) - Ocado's sales were only slightly dented by the huge fire at one of its robot-operated depots during the quarter, but the full impact is still not yet known.
Read moreTuesday preview: Parliament, employment report in focus
18th Mar 2019 12:45
(Sharecast News) - After House Speaker, John Bercow's, decision that the Prime Minister would be best advised not to pursue a third vote on her withdrawal proposal, global investors' attention is now likely be trained on Westminster all the more intensely.
Read moreMonday broker round-up
11th Mar 2019 14:06
(Sharecast News) - Experian: Deutsche Bank downgrades to sell with a target price of 1,800p.
Read moreM&S paying high price for being late to online food party, says RBC Capital
11th Mar 2019 08:46
(Sharecast News) - RBC Capital Markets upped its price target for Ocado on Monday but cut its target for Marks & Spencer as it accounted for the joint venture announced last month.
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