Brokerages Set Ozon Holdings PLC (NASDAQ:OZON) Price Target at $51.00


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Shares of Ozon Holdings PLC (NASDAQ:OZON) have been assigned an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $51.00.

OZON has been the subject of several research analyst reports. Smith Barney Citigroup started coverage on Ozon in a research report on Monday, December 21st. They issued a “neutral” rating and a $48.00 price objective for the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell began coverage on Ozon in a research note on Monday, December 21st. They set a “neutral” rating and a $48.00 price objective on the stock. JPMorgan Chase & Co. began coverage on Ozon in a research note on Friday, February 12th. They set a “neutral” rating on the stock. The Goldman Sachs Group began coverage on Ozon in a research note on Monday, December 21st. They set a “buy” rating and a $53.00 price objective on the stock. Finally, HSBC began coverage on Ozon in a research note on Tuesday, January 5th. They set a “buy” rating and a $55.00 price objective on the stock.

Several hedge funds have recently bought and sold shares of OZON. Index Venture Associates III Ltd acquired a new position in shares of Ozon during the 4th quarter worth approximately $282,608,000. BlackRock Inc. acquired a new position in Ozon in the 4th quarter valued at $178,903,000. Price T Rowe Associates Inc. MD acquired a new position in Ozon in the 4th quarter valued at $125,908,000. Baillie Gifford & Co. acquired a new position in Ozon in the 4th quarter valued at $82,372,000. Finally, Index Venture Growth Associates I Ltd acquired a new position in Ozon in the 4th quarter valued at $67,106,000.

Shares of OZON traded up $0.28 on Friday, hitting $59.32. The company’s stock had a trading volume of 25,940 shares, compared to its average volume of 1,240,416. The business has a fifty day moving average of $57.45. Ozon has a fifty-two week low of $38.09 and a fifty-two week high of $68.77.

Ozon Company Profile

Ozon Holdings PLC, together with its subsidiaries, operates as an internet retailer of multi-category consumer products to the general public primarily in the Russian Federation. The company offers products in various categories that include electronics, home and décor products, children's goods, fast moving consumer goods, fresh food, and car parts.

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Analyst Recommendations for Ozon (NASDAQ:OZON)

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