JPMorgan Chase & Co. upgraded shares of Deliveroo (OTCMKTS:DROOF) from a neutral rating to an overweight rating in a report published on Wednesday, The Fly reports.
Shares of DROOF stock opened at $4.05 on Wednesday. The company has a 50 day moving average of $4.03 and a 200-day moving average of $4.21. Deliveroo has a 12-month low of $3.20 and a 12-month high of $6.20.
Deliveroo Company Profile
Deliveroo plc operates an online food delivery platform. The company connects local consumers, restaurants and grocers, and riders to fulfil a purchase. It operates approximately in 800 locations across 12 markets, including Australia, Belgium, France, Hong Kong, Italy, Ireland, the Netherlands, Singapore, Spain, United Arab Emirates, Kuwait, and the United Kingdom.
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