OCADO GROUP ORD 2P – Consensus Indicates Potential -56.1% Downside

Broker Ratings

OCADO GROUP ORD 2P with EPIC code (LON:OCDO) have now 16 analysts covering the company. The target price ranges between £17.00 and £4.6 so the average target price would be £9.86. With the shares previous close at £22.45 this would imply there is a potential downside of -56.1%. The 50 day MA is £26.14 and the 200 day moving average is £24.50. The market capitalisation for the company is £16b. Company Website: http://www.ocadogroup.com

Ocado Group 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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