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OCADO GROUP PLC ORD 2P – Consensus Indicates Potential -52.9% Downside

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OCADO GROUP PLC ORD 2P found using the EPIC (LON:OCDO) have now 16 analysts covering the company.The range between the high target price and low target price is between £17.00 and £4.6 and has a mean target at £9.86. Now with the previous closing price of £20.92 this indicates there is a potential downside of -52.9%. The 50 day MA is £21.90 and the 200 day MA is £23.88. The company has a market cap of £15b. Company Website: http://www.ocadogroup.com

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through three segments: Ocado Retail, UK Solutions & Logistics, and International Solutions. It also sells general merchandise products on its Ocado.com; provides online retail solutions; and offers customer fulfillment centre and logistics services. The company was founded in 2000 and is headquartered in Hatfield, the United Kingdom.

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