Ocado Group PLC 34% Potential Upside Indicated by Berenberg

Broker Ratings
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Ocado Group PLC using EPIC/TICKER code (LON:OCDO) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 1635 GBX on its stock. This would imply the analyst believes there is now a potential upside of 34.0% from today’s opening price of 1220 GBX. Over the last 30 and 90 trading days the company share price has increased 118 points and decreased 124.5 points respectively. The 1 year high for the stock price is 1440.5 GBX while the 52 week low is 739.7 GBX.

Ocado Group PLC has a 50 day moving average of 1,282.04 GBX and the 200 Day Moving Average price is recorded at 1,270.29. There are currently 709,232,751 shares in issue with the average daily volume traded being 2,186,347. Market capitalisation for LON:OCDO is £8,580,227,175 GBP.

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