Ocado Shares Rise 5% Past Their Previous High in Morning Trade
Ocado Group shares traded at 333.49p by 8:45am in London today, up 5.14% on the session, after reaching 340p, above the 317.4p high previously recorded since the 1st of September 2025.
Ocado Group (LON: OCDO), the online grocery and warehouse-robotics group, traded at 333.49p by 8:45am in London today after reaching 340p, above its previous high of 317.4p since the 1st of September 2025. The shares have moved between 322.6p and 340p in morning trade so far.
The shares were up 5.14% on the session by 8:45am in London. They are up 41.3% since the start of the year.
Ocado’s daily share price over the past month, with today’s session so far highlighted (as of 8:45am in London)
How unusual this is
The previous high of 317.4p is the best level in the lookback that runs from the 1st of September 2025, and today’s high of 340p is above it. The same screen also flagged Ocado yesterday.
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Today’s move so far set against six months of daily changes
OCDO.LSE
In the news
Morgan Stanley upgraded Ocado to Equal Weight from Underweight on Monday, raising its price target to 300p from 170p. That may have supported the shares.
Even after the move, the shares are down 82.6% over five years.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
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