Analyst Price Target is GBX 260
▲ +12.17% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Ocado Group in the last 3 months. The average price target is GBX 260, with a high forecast of GBX 260 and a low forecast of GBX 260. The average price target represents a 12.17% upside from the last price of GBX 231.80.
Current Consensus is
Sell
The current consensus among 1 contributing investment analysts is to sell stock in Ocado Group. This rating changed within the last month from a Reduce consensus rating.
Ocado Group is a UK based technology company that provides end-to-end online grocery fulfilment solutions, known as the Ocado Smart Platform, to some of the world’s largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. OSP comprises access to Ocado's physical infrastructure solutions, running highly efficient warehouse operations for the single pick of products, together with the entire end-to-end proprietary software applications required to operate a world class online grocery business. It is underpinned by Ocado's proven expertise and experience as a dedicated online grocer in the UK, with over two decades spent innovating for grocery online.
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