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Ocado Group PLC 20.6% Potential Upside Indicated by Citigroup

Ocado Group PLC using EPIC/TICKER code (LON:OCDO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Citigroup. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. Citigroup have set a target price of 585 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.6% from the opening price of 485 GBX. Over the last 30 and 90 trading days the company share price has increased 65.7 points and increased 233 points respectively. The 52 week high share price is 551.4 GBX while the 52 week low is 233.1 GBX.

Ocado Group PLC has a 50 day moving average of 441.18 GBX and a 200 day moving average of 332.24. There are currently 662,924,687 shares in issue with the average daily volume traded being 3,155,967. Market capitalisation for LON:OCDO is £3,308,657,153 GBP.

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