Ocado Group PLC 18.8% Potential Upside Indicated by Citigroup

Broker Ratings
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Ocado Group PLC with EPIC/TICKER (LON:OCDO) had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. Citigroup have set a target price of 2900 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 18.8% from the opening price of 2441 GBX. Over the last 30 and 90 trading days the company share price has increased 366 points and increased 326 points respectively. The 52 week high for the stock is 2502 GBX while the 52 week low for the stock is 994.01 GBX.

Ocado Group PLC has a 50 day moving average of 2,154.80 GBX and the 200 Day Moving Average price is recorded at 1,638.00. There are currently 747,931,861 shares in issue with the average daily volume traded being 1,589,707. Market capitalisation for LON:OCDO is £18,702,914,492 GBP.

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