Home » Reports » Broker Ratings » Ocado Group PLC 19.8% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC 19.8% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC using EPIC/TICKER code (LON:OCDO) had its stock rating noted as ‘Downgrades’ 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 a target price of 1050 GBX on its stock. This is indicating the analyst believes there is a potential downside of -19.8% from today’s opening price of 1309 GBX. Over the last 30 and 90 trading days the company share price has decreased 40.5 points and increased 155 points respectively. The 1 year high for the share price is 1440.5 GBX while the year low share price is currently 733.74 GBX.

Ocado Group PLC has a 50 day moving average of 1,295.99 GBX and a 200 Day Moving Average share price is recorded at 1,204.20. There are currently 180,729,144 shares in issue with the average daily volume traded being 1,896,580. Market capitalisation for LON:OCDO is £9,412,597,224 GBP.

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