Oatly Group AB (NASDAQ:OTLY) Receives $1.96 Average Target Price from Brokerages

Shares of Oatly Group AB (NASDAQ:OTLY – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average [...]

featured-image

Shares of Oatly Group AB ( NASDAQ:OTLY – Get Free Report ) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

The average 12 month target price among brokerages that have issued a report on the stock in the last year is $1.96. A number of equities analysts have recently commented on OTLY shares.



Royal Bank of Canada reissued a “sector perform” rating and issued a $1.05 price target on shares of Oatly Group in a report on Thursday, July 25th. BNP Paribas upgraded Oatly Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, July 25th.

Read Our Latest Report on Oatly Group Institutional Trading of Oatly Group Oatly Group Price Performance NASDAQ:OTLY opened at $0.91 on Friday. The firm has a market capitalization of $541.

50 million, a price-to-earnings ratio of -1.14 and a beta of 2.10.

The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.53 and a current ratio of 0.

68. The stock has a fifty day moving average of $0.94 and a 200 day moving average of $1.

01. Oatly Group has a 52-week low of $0.44 and a 52-week high of $1.

40. Oatly Group ( NASDAQ:OTLY – Get Free Report ) last issued its quarterly earnings results on Wednesday, July 24th. The company reported ($0.

05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02.

The firm had revenue of $202.20 million during the quarter, compared to the consensus estimate of $200.66 million.

Oatly Group had a negative return on equity of 35.74% and a negative net margin of 41.71%.

On average, research analysts expect that Oatly Group will post -0.26 EPS for the current fiscal year. Oatly Group Company Profile ( Get Free Report Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia.

It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks. See Also Receive News & Ratings for Oatly Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oatly Group and related companies with MarketBeat.com's FREE daily email newsletter .

.