OCADO GROUP ORD 2P – Consensus Indicates Potential -48.1% Downside

Broker Ratings
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OCADO GROUP ORD 2P with EPIC code (LON:OCDO) have now 16 analysts covering the company. The range between the high target price and low target price is between £17.00 and £4.6 with the average target price sitting at £9.86. Now with the previous closing price of £19.00 this would indicate that there is a downside of -48.1%. The day 50 moving average is £21.92 and the 200 moving average now moves to £23.91. The market capitalisation for the company is £15b. 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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