Deliveroo plc (LON:ROO) Receives Consensus Rating of “Hold” from Analysts

Shares of Deliveroo plc (LON:ROO) have earned a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 118.83 ($1.49).

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 170 ($2.13) price objective on shares of Deliveroo in a report on Monday, July 3rd.

Deliveroo Stock Performance

LON:ROO opened at GBX 122.70 ($1.54) on Friday. The company has a fifty day moving average of GBX 119.56 and a 200-day moving average of GBX 107.57. The firm has a market capitalization of £2.11 billion, a P/E ratio of -1,115.45, a P/E/G ratio of -0.15 and a beta of 0.51. The company has a quick ratio of 3.70, a current ratio of 3.12 and a debt-to-equity ratio of 9.07. Deliveroo has a twelve month low of GBX 72.58 ($0.91) and a twelve month high of GBX 133 ($1.66).

About Deliveroo

Deliveroo plc operates an online food delivery platform. It connects local consumers, riders and restaurants, and grocery partners. The company operates in the United Kingdom, Ireland, France, Italy, Belgium, Hong Kong, Singapore, the United Arab Emirates, Kuwait, and Qatar. Deliveroo plc was founded in 2013 and is based in London, the United Kingdom.