▼ -26.87% Downside Potential
This price target is based on 12 analysts offering 12 month price targets for Ocado Group plc (OCDO.L) in the last 3 months. The average price target is GBX 1,836.18, with a high forecast of GBX 2,900 and a low forecast of GBX 700. The average price target represents a -26.87% upside from the last price of GBX 2,511.
The current consensus among 12 polled investment analysts is to hold stock in Ocado Group plc (OCDO.L). This Hold consensus rating has held steady for over two years.
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.