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Analysts at Deutsche Reconfirmed their “Sell” rating for Ocado Group (LON:OCDO) with GBX 200.00 PT; Thermon Group Holdings (THR) Shorts Lowered By 9.3%

Thermon Group Holdings Incorporated (NYSE:THR) had a decrease of 9.3% in short interest. THR’s SI was 1.44M shares in November as released by FINRA. Its down 9.3% from 1.59 million shares previously. With 233,800 avg volume, 6 days are for Thermon Group Holdings Incorporated (NYSE:THR)’s short sellers to cover THR’s short positions. The SI to Thermon Group Holdings Incorporated’s float is 4.53%. The stock decreased 0.04% or $0.01 during the last trading session, reaching $23.65. About 2,552 shares traded. Thermon Group Holdings, Inc. (NYSE:THR) has risen 11.69% since November 30, 2016 and is uptrending. It has underperformed by 5.01% the S&P500.

They currently have a GBX 200.00 price target on Ocado Group (LON:OCDO). Deutsche’s target would suggest a potential downside of -44.38% from the company’s last stock close price. This was disclosed to clients in analysts note on 29 November.

Ocado Group plc operates as an online grocery retailer in the United Kingdom. The company has market cap of 2.14 billion GBP. It primarily offers pet, kitchen and dining, and beauty products under the Ocado, Fetch, Sizzle, and Fabled names. It has a 198.86 P/E ratio. The firm also engages in the development and monetization of intellectual property and technology used for the online retailing, logistics, and distribution of grocery and consumer goods.

The stock decreased 0.46% or GBX 1.65 during the last trading session, reaching GBX 357.95. About 3.23M shares traded or 34.10% up from the average. Ocado Group plc (LON:OCDO) has 0.00% since November 30, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 17 analysts covering Ocado Group Plc (LON:OCDO), 8 have Buy rating, 5 Sell and 4 Hold. Therefore 47% are positive. Ocado Group Plc has GBX 700 highest and GBX 180 lowest target. GBX 323.38’s average target is -9.66% below currents GBX 357.95 stock price. Ocado Group Plc had 165 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, May 26 by Credit Suisse. The company was maintained on Wednesday, September 20 by Deutsche Bank. On Monday, November 30 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Conviction Buy” rating on Thursday, June 30 by Goldman Sachs. HSBC maintained Ocado Group plc (LON:OCDO.L) on Tuesday, July 4 with “Reduce” rating. Morgan Stanley maintained Ocado Group plc (LON:OCDO.L) on Thursday, December 10 with “Overwt/In-Line” rating. The stock of Ocado Group plc (LON:OCDO.L) earned “Buy” rating by UBS on Tuesday, February 2. The rating was maintained by Deutsche Bank on Wednesday, September 2 with “Sell”. Shore Capital maintained the shares of OCDO in report on Tuesday, September 15 with “Sell” rating. The rating was maintained by HSBC with “Reduce” on Wednesday, February 1.

Thermon Group Holdings, Inc. provides thermal engineered industrial process heating solutions for process industries in the United States, Canada, Europe, and Asia. The company has market cap of $767.20 million. The Company’s products include various electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It has a 62.4 P/E ratio. The firm offers self-regulating and power limiting heating cables, which automatically increase or decrease heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated cables for generating high temperatures used in harsh environments; skin effect trace heaters, which could heat lines up to 15 miles long from a single power point; and heat traced tube bundles for environmental gas sampling systems.

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