Ocado Group PLC 48.6% Potential Decrease Indicated by Credit Suisse

Broker Ratings

Ocado Group PLC using EPIC/TICKER code (LON:OCDO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Ocado Group PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 1088 GBX on its stock. This is indicating the analyst believes there is a potential downside of -48.6% from the opening price of 2116 GBX. Over the last 30 and 90 trading days the company share price has increased 463.5 points and increased 1033.5 points respectively. The 1 year high share price is 2130 GBX while the 52 week low for the stock is 994.01 GBX.

Ocado Group PLC has a 50 day moving average of 1,630.75 GBX and the 200 Day Moving Average price is recorded at 1,357.51. There are currently 713,902,080 shares in issue with the average daily volume traded being 2,575,257. Market capitalisation for LON:OCDO is £14,642,131,660 GBP.

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