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Ocado Group PLC 5.1% Potential Decrease Indicated by RBC Capital Markets

Ocado Group PLC with EPIC/TICKER (LON:OCDO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today 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 1000 GBX on its stock. This now indicates the analyst believes there is a potential downside of -5.1% from the opening price of 1054 GBX. Over the last 30 and 90 trading days the company share price has increased 114.6 points and increased 254.2 points respectively. The 52 week high for the stock is 1163 GBX while the 52 week low for the stock is 492.8 GBX.

Ocado Group PLC has a 50 day moving average of 948.14 GBX and a 200 Day Moving Average share price is recorded at 951.60. There are currently 698,356,454 shares in issue with the average daily volume traded being 2,920,237. Market capitalisation for LON:OCDO is £7,315,283,855 GBP.