Home » Reports » Broker Ratings » Ocado Group PLC 7.6% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC 7.6% Potential Decrease Indicated by JP Morgan Cazenove

Ocado Group PLC using EPIC/TICKER code (LON:OCDO) has 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 a target price of 1073 GBX on its stock. This is indicating the analyst believes there is a potential downside of -7.6% from the opening price of 1161 GBX. Over the last 30 and 90 trading days the company share price has decreased 59 points and decreased 73 points respectively. The 52 week high for the share price is currently at 1440.5 GBX while the 52 week low for the share price is 730.6 GBX.

Ocado Group PLC has a 50 day moving average of 1,201.05 GBX and a 200 day moving average of 1,102.91. There are currently 706,986,547 shares in issue with the average daily volume traded being 2,133,097. Market capitalisation for LON:OCDO is £8,508,441,557 GBP.