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OCADO GROUP ORD 2P – Consensus Indicates Potential -46.4% Downside

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OCADO GROUP ORD 2P with EPIC code (LON:OCDO) have now 16 analysts covering the company. The target price ranges between £17.00 and £4.6 and has a mean target at £9.86. With the shares previous close at £18.40 this indicates there is a potential downside of -46.4%. There is a 50 day moving average of £19.02 and the 200 moving average now moves to £21.33. The company has a market cap of £14b. Company Website: http://www.ocadogroup.com

Ocado Group operates as an online grocery retailer in the United Kingdom and internationally. The company operates through three segments: Ocado Retail, UK Solutions & Logistics, and International Solutions. It also sells general merchandise products on its Ocado.com; provides online retail solutions; and offers customer fulfillment centre and logistics services. The company was founded in 2000 and is headquartered in Hatfield, the United Kingdom.

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