A statement released earlier today by Goldman Sachs about Ocado Group Plc (LON:OCDO) bumps down the target price to 450.00GBX
- Updated: September 16, 2016
Goldman Sachs dropped the target price of Ocado Group Plc (LON:OCDO) to 450GBX, reporting a possible upside of 0.68%.
On 9/14/2016, Societe Generale released a statement about Ocado Group Plc(LON:OCDO) lowered the target price from 193.00GBX to 189.00GBX. At the time, this indicated a possible downside of -0.27%.
Only yesterday Ocado Group Plc (LON:OCDO) traded 2.03% lower at 268.25GBX. The company’s 50-day average is 289.86GBX and its two hundred day moving average is 278.92GBX. The last stock close is down 4.15% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same time. Trading volume was was down over the average, with 407,665 shares of OCDO changing hands under the typical 2,322,960 shares..
Recent Performance Chart:
Ocado Group Plc has a PE of 127 with a 52 week low of 203.00GBX and a one-year high of 412.70GBX and has a market cap of 0.0 GBX.
Also covering Ocado Group Plc’s stock price target, a total of 14 brokers have issued a research note on the stock. The one year target stock price is 360.64GBX with two analysts rating the company a strong buy, six analysts rating the stock a buy, four analyts rating the stock a hold, three brokerages rating the company to underperform, and lastly 0 brokeragesrating the company as sell.
More About Ocado Group Plc (LON:OCDO)
Ocado Group plc is a United Kingdom-based company engaged in grocery retailing and the development and monetization of intellectual property (IP) and technology used for the online retailing, logistics and distribution of grocery and consumer goods. The Company sells groceries and other every day and specialist products to consumers placing orders through its interfaces. The Company offers approximately 47, 000 stock keeping unit (SKU) at Ocado.com. The Company’s brands include Ocado, Ocado Smart Platform, Sizzle and Fetch. Ocado Smart Platform is the online grocery platform solution. It includes e-commerce Website and mobile applications. Sizzle is the kitchen and dining store. Fetch is the pet store. The Company fulfils orders from its centralized customer fulfilment centers (CFCs) in Hatfield, Hertfordshire and Cordon, and and Warwickshire.
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