Ocado Group PLC 12% Potential Decrease Indicated by Credit Suisse

Broker Ratings

Ocado Group PLC with EPIC/TICKER (LON:OCDO) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 932 GBX on its stock. This indicates the analyst believes there is a potential downside of -12.0% from today’s opening price of 1059.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 233 points and decreased 195.5 points respectively. The 1 year high share price is 1440.5 GBX while the 52 week low for the share price is 996.8 GBX.

Ocado Group PLC has a 50 day moving average of 1,264.32 GBX and a 200 day moving average of 1,256.24. There are currently 711,073,129 shares in issue with the average daily volume traded being 1,699,820. Market capitalisation for LON:OCDO is £7,377,383,713 GBP.

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