Ocado Group PLC 7.4% Potential Decrease Indicated by UBS

Broker Ratings
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Ocado Group PLC with EPIC/TICKER (LON:OCDO) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. UBS have set a target price of 1900 GBX on its stock. This indicates the analyst believes there is a potential downside of -7.4% from the opening price of 2051 GBX. Over the last 30 and 90 trading days the company share price has increased 566.5 points and increased 839 points respectively. The 1 year high share price is 2089.96 GBX while the 52 week low for the stock is 994.01 GBX.

Ocado Group PLC has a 50 day moving average of 1,467.59 GBX and a 200 day moving average of 1,320.95. There are currently 713,902,080 shares in issue with the average daily volume traded being 2,636,686. Market capitalisation for LON:OCDO is £14,570,741,452 GBP.

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