Jefferies (NYSE:JEF) analyst Robert Dickerson maintained a Buy rating on Oatly Group (NASDAQ:OTLY) on Friday, setting a price target of $20, which is approximately 131.75% above the present share price of $8.63.
Dickerson expects Oatly Group to post earnings per share (EPS) of -$0.11 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Oatly Group, with an average price target of $14.36.
The analysts price targets range from a high of $20 to a low of $7.8.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $146.15 million and a net profit of -$48.1 million. The company's market cap is $5.11 billion.
According to TipRanks.com, Jefferies analyst Robert Dickerson is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.4% and a 47.37% success rate.
Oatly Group AB is engaged in the food and drinks industry. Some of its products include Oat Drink, Chilled Oat Drink, Oatgurt, Creamy Oat, Icecreams, among others. It caters to Sweden, Germany, United Kingdom, Netherlands, North America, Finland, and Other markets.