OCADO GROUP ORD 2P – Consensus Indicates Potential -46.9% Downside

Broker Ratings
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OCADO GROUP ORD 2P with EPIC code (LON:OCDO) now have 16 analysts in total covering the company. The range between the high target price and low target price is between £17.00 and £4.6 and has a mean target at £9.86. Given that the previous closing share price was at £18.57 this now indicates there is a potential downside of -46.9%. The day 50 moving average is £19.06 and the 200 moving average now moves to £21.53. The company has a market capitalisation of £14b. You can visit the company’s website by visiting: 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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