 Ocado Group PLCs share price is still excessively high according to analysts at Barclays, who on Monday reiterated their underweight rating on the grocery delivery group and cut their target price to 1,575p from 1,600p. In a note, the banks analysts said while the extent of the stocks overvaluation is less pronounced as it was, flagging previous highs of around 2,900p within the last year, they still saw a 10 downside to their new price target. 