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Ocado Group PLC 27.6% Potential Upside Indicated by Citigroup

Ocado Group PLC using EPIC/TICKER code (LON:OCDO) 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 their target price at 1450 GBX on its stock. This indicates the analyst now believes there is a potential upside of 27.6% from today’s opening price of 1136.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 68.5 points and decreased 173 points respectively. The 1 year high stock price is 1440.5 GBX while the year low share price is currently 730.6 GBX.

Ocado Group PLC has a 50 day moving average of 1,281.68 GBX and a 200 day moving average of 1,032.11. There are currently 706,919,755 shares in issue with the average daily volume traded being 3,484,129. Market capitalisation for LON:OCDO is £8,164,923,170 GBP.