Credit Suisse Starts Oatly Group AB (OTLY) at Outperform

Go back to Credit Suisse Starts Oatly Group AB (OTLY) at Outperform

Street Starts Oatly (OTLY) With Mixed Views, Analysts Bullish on Business but Valuation Seen as High

June 14, 2021 7:01 AM EDT

Wall Street has initiated coverage of Oatly Group AB (NASDAQ: OTLY) with mixed ratings as some analysts see high valuation as a key driver behind them staying on the sidelines.

The Swedish company went public in May when it priced its initial public offering (IPO) at $17 per share to raise $1.4 billion. The IPO pricing valued the entire business at around $10 billion. Shares of the company have soared in the meantime to trade about 70% higher compared to the IPO price.

A few weeks post the IPO debut, analysts are... More

William Blair Starts Oatly Group AB (OTLY) at Outperform

June 14, 2021 6:55 AM EDT

William Blair analyst Jon Andersen initiates coverage on Oatly Group AB (NASDAQ: OTLY) with an Outperform rating. The analyst cited:

Compelling market opportunityPowerful demand driversShopper profile and sources of volume.Proven demand-generation modelGlobal supply chain... More

Oppenheimer Starts Oatly Group AB (OTLY) at Perform

June 14, 2021 6:08 AM EDT

Oppenheimer analyst Rupesh Parikh initiates coverage on Oatly Group AB (NASDAQ: OTLY) with a Perform rating.

The analyst comments "We are initiating coverage of Oatly (OTLY) with a Perform rating. OTLY is the world's largest oatmilk player. We believe the company... More