Deliveroo (LON:ROO) Stock Rating Reaffirmed by Jefferies Financial Group

Deliveroo (LON:ROO)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 205 ($2.55) price objective on the stock. Jefferies Financial Group’s target price suggests a potential upside of 61.42% from the company’s previous close.

Separately, Shore Capital reissued a “sell” rating on shares of Deliveroo in a report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 166.50 ($2.07).

Deliveroo Stock Up 0.3 %

LON ROO opened at GBX 127 ($1.58) on Thursday. The company has a current ratio of 2.10, a quick ratio of 3.70 and a debt-to-equity ratio of 11.71. The stock’s 50 day moving average is GBX 119.28 and its two-hundred day moving average is GBX 126.03. The company has a market capitalization of £1.87 billion, a price-to-earnings ratio of -12,700.00, a PEG ratio of -0.15 and a beta of 0.40. Deliveroo has a 1-year low of GBX 96.89 ($1.21) and a 1-year high of GBX 149.40 ($1.86).

Deliveroo Company Profile

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