Ocado Group PLC 48.5% Potential Decrease Indicated by Jefferies International

Broker Ratings
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Ocado Group PLC using EPIC/TICKER code (LON:OCDO) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ this morning by analysts at Jefferies International. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. Jefferies International have set a target price of 600 GBX on its stock. This indicates the analyst believes there is a potential downside of -48.5% from the opening price of 1166 GBX. Over the last 30 and 90 trading days the company share price has decreased 202 points and increased 119.5 points respectively. The 1 year high for the stock price is 1440.5 GBX while the 52 week low for the stock is 730.6 GBX.

Ocado Group PLC has a 50 day moving average of 1,354.57 GBX and a 200 Day Moving Average share price is recorded at 1,022.06. There are currently 699,608,797 shares in issue with the average daily volume traded being 3,365,196. Market capitalisation for LON:OCDO is £8,062,991,385 GBP.

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