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OCDGF / Ocado has ‘great technology but at a great cost', reckon RBC analysts

Ocado has ‘great technology but at a great cost', reckon RBC analysts
Ocado Group PLC (LSE:OCDO) may be overstating its cash flow potential, according to RBC Capital Markets, leading analysts to downgrade the grocery-cum-warehouse technology company's share price target by 20%.  The group has “great technology, but at a great cost”, said RBC, while also predicting that additional financing will be needed in the midterm despite Ocado's optimistic projections. Read More
Posted: Jan 26 2023, 09:28
Author Name: Proactive Investors
Views: 111814

OCDGF News  

Ocado tipped to survive FTSE100 rejig despite five year low

By Proactive Investors
May 31, 2023

Ocado tipped to survive FTSE100 rejig despite five year low

Grocery delivery service Ocado appears to have escaped the drop to the FTSE 250 with property group British Land now heading down a division. That's t more_horizontal

Ocado may still need a capital raise - broker

By Proactive Investors
April 28, 2023

Ocado may still need a capital raise - broker

Ocado Group PLC (LSE:OCDO) is still at risk of needing more capital, according to analysts at Royal Bank of Canada (TSX:RY), which repeated an ‘unde more_horizontal

Ocado Group: CFC Closure Not As Bad, But Impact To Valuation Unknown

By Seeking Alpha
April 26, 2023

Ocado Group: CFC Closure Not As Bad, But Impact To Valuation Unknown

Ocado Group: CFC Closure Not As Bad, But Impact To Valuation Unknown. more_horizontal

Ocado plans to close oldest robot warehouse, putting up to 2,300 jobs at risk

By Proactive Investors
April 25, 2023

Ocado plans to close oldest robot warehouse, putting up to 2,300 jobs at risk

Ocado Retail plans to close its oldest robot-run warehouse, which currently carries out around 20% of weekly orders from its website. Talks have begun more_horizontal

Ocado's shares rise after latest legal win over AutoStore

By Proactive Investors
March 31, 2023

Ocado's shares rise after latest legal win over AutoStore

Shares in Ocado Group PLC rose 2% on Friday after it said it had "comprehensively won" the patent infringement suit brought by AutoStore. The UK High more_horizontal

Ocado share price is rebounding: Is it safe to buy the rally?

By Invezz
March 31, 2023

Ocado share price is rebounding: Is it safe to buy the rally?

Ocado (LON: OCDO) share price made a comeback this week after the company published a strong trading statement. The stock jumped to 529p on Thursday, more_horizontal

Ocado reports higher revenue, guidance unchanged

By Market Watch
March 28, 2023

Ocado reports higher revenue, guidance unchanged

Ocado Group PLC said Tuesday that first-quarter sales of Ocado Retail Group, the joint venture it co-owns with Marks & Spencer Group PLC, rose and tha more_horizontal

Ocado Retail holds guidance after modest rise in quarter one revenue

By Proactive Investors
March 28, 2023

Ocado Retail holds guidance after modest rise in quarter one revenue

Ocado Retail Ltd reported modest growth in quarter one revenue as increased prices offset the amount shoppers were putting in their baskets. The joint more_horizontal


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