Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Sweden. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; ready-to-go drinks, such as cold brew latte, mocha latte, matcha latte, and mini oat drink in original and chocolate flavors; and cooking products, including Cooking Cream, in regular and organic, Crème Fraiche, Whipping Cream, Vanilla Custard and Spreads in a variety of flavors. The company was formerly known as Havre Global AB and changed its name to Oatly Group AB in March 2021. The company was founded in 1994 and is headquartered in Malmö, Sweden.
IPO Year: 2021
Exchange: NASDAQ
Website: https://www.oatly.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/25/2024 | Neutral → Outperform | Exane BNP Paribas | |
| 3/1/2024 | $1.50 | Buy | DA Davidson |
| 2/20/2024 | $1.25 | Equal-Weight | Morgan Stanley |
| 8/2/2023 | Overweight → Neutral | JP Morgan | |
| 7/31/2023 | $7.00 → $1.80 | Outperform → Sector Perform | RBC Capital Mkts |
| 5/5/2023 | Neutral → Underperform | Exane BNP Paribas | |
| 1/18/2023 | $2.50 → $6.00 | Neutral → Buy | Mizuho |
| 9/13/2022 | Outperform → Neutral | Credit Suisse | |
| 3/11/2022 | $7.00 → $6.00 | Neutral | Mizuho |
| 3/11/2022 | $20.00 → $14.00 | Outperform | RBC Capital |
MALMÖ, Sweden, July 10, 2023 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY)("Oatly" or the "Company"), the world's original and largest oat drink company, today announced the appointment of Marie-Jose David as Chief Financial Officer (CFO), effective October 1, 2023. Ms. David will lead Oatly's global finance function, reporting directly to Oatly's CEO Jean-Christophe Flatin. She succeeds Christian Hanke, who has served as CFO since 2020. Mr. Hanke, who assisted in the search process, has chosen to step down from the company and will continue to serve as CFO through September 30 to support the transition. "I am delighted to welcome Marie-Jose to lead our global financial team as w