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OCADO GROUP ORD 2P – Consensus Indicates Potential -50.8% Downside

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OCADO GROUP ORD 2P found using the EPIC (LON:OCDO) now have 16 analysts covering the company. The target price ranges between £17.00 and £4.6 with a mean TP of £9.86. With the shares previous close at £20.03 this would indicate that there is a downside of -50.8%. The 50 day moving average now sits at £19.35 and the 200 moving average now moves to £22.14. The market cap for the company is £15b. Visit the company website at: 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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