From Morningstar: 2024-06-05 15:04:00

Online supermarket Ocado has been removed from the UK’s blue-chip index, but Morningstar believes it’s undervalued, with a fair value estimate of £9.20. The company faces challenges including low market capitalization and slow deal-making progress. However, its Ocado Smart Platform technology and global growth potential offer a buying opportunity. Morningstar analysts note very high uncertainty and execution risk despite the company’s positive potential.



Read more at Morningstar: Ocado Has Been Demoted From The FTSE 100. Should I…