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OCADO GROUP PLC ORD 2P – Consensus Indicates Potential -53.2% Downside

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OCADO GROUP PLC ORD 2P with EPIC code (LON:OCDO) now have 16 analysts covering the company.The target price ranges between £17.00 and £4.6 with a mean TP of £9.86. With the shares previous close at £21.05 this now indicates there is a potential downside of -53.2%. The day 50 moving average is £22.73 and the 200 day MA is £24.06. The company has a market cap of £16b. 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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