Home » Reports » Broker Ratings » Ocado Group PLC 21.7% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC 21.7% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC with EPIC/TICKER (LON:OCDO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today 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 1070 GBX on its stock. This would imply the analyst believes there is a potential downside of -21.7% from the opening price of 1366 GBX. Over the last 30 and 90 trading days the company share price has decreased 43 points and increased 495.2 points respectively. The 52 week high share price is 1440.5 GBX while the 52 week low is 541.4 GBX.

Ocado Group PLC has a 50 day moving average of 1,296.21 GBX and a 200 day moving average of 1,006.66. There are currently shares in issue with the average daily volume traded being 2,363,854. Market capitalisation for LON:OCDO is £9,622,424,746 GBP.