Ocado Group PLC 23.7% Potential Decrease Indicated by RBC Capital Markets

Broker Ratings

Ocado Group PLC with EPIC/TICKER (LON:OCDO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ this morning by analysts at RBC Capital Markets. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. RBC Capital Markets have set their target price at 1350 GBX on its stock. This indicates the analyst believes there is a potential downside of -23.7% from today’s opening price of 1769 GBX. Over the last 30 and 90 trading days the company share price has increased 444.5 points and increased 523.5 points respectively. The 1 year high for the stock price is 1829 GBX while the 52 week low is 994.01 GBX.

Ocado Group PLC has a 50 day moving average of 1,408.46 GBX and the 200 Day Moving Average price is recorded at 1,309.08. There are currently 713,902,080 shares in issue with the average daily volume traded being 2,770,577. Market capitalisation for LON:OCDO is £12,832,389,888 GBP.

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