OCADO GROUP PLC ORD 2P – Consensus Indicates Potential -64.6% Downside

Broker Ratings

OCADO GROUP PLC ORD 2P found using the EPIC (LON:OCDO) have now 16 analysts covering the company.The range between the high target price and low target price is between £17.00 and £4.6 meaning the average target price is £9.86. Now with the previous closing price of £27.82 this would imply there is a potential downside of -64.6%. The 50 day MA is £24.23 while the 200 day moving average is £23.78. The company has a market cap of £21b. You can visit the company’s website by visiting: http://www.ocadogroup.com

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through three segments: Ocado Retail, UK Solutions & Logistics, and International Solutions. It sells general merchandise products on its Ocado.com; and operates Fetch, a pet store, as well as Sizzle, a kitchen and dining store. The company also provides online retail solutions; and customer fulfillment centers (CFCs) and logistics services for Ocado Retail and Morrisons. Ocado Group plc has a strategic partnership with The Kroger Co. to construct three new CFCs in the Great Lakes, Pacific Northwest, and West regions. The company was founded in 2000 and is headquartered in Hatfield, the United Kingdom.

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