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OCADO GROUP PLC ORD 2P – Consensus Indicates Potential -54.2% 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 meaning the average target price is £9.86. With the shares previous close at £21.50 this would indicate that there is a downside of -54.2%. The 50 day moving average now sits at £21.22 and the 200 day MA is £23.68. The company has a market cap of £16b. You can visit the company’s website by visiting: 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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