Home » Reports » Broker Ratings » Ocado Group PLC 10.4% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC 10.4% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC using EPIC/TICKER code (LON:OCDO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set their target price at 1090 GBX on its stock. This is indicating the analyst believes there is a potential downside of -10.4% from the opening price of 1216.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 63.5 points and increased 116.5 points respectively. The 1 year high for the share price is 1440.5 GBX while the year low stock price is currently 864.8 GBX.

Ocado Group PLC has a 50 day moving average of 1,284.62 GBX and a 200 day moving average of 1,265.76. There are currently 711,073,129 shares in issue with the average daily volume traded being 1,256,087. Market capitalisation for LON:OCDO is £8,731,978,024 GBP.

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