Deliveroo plc (OTCMKTS:DROOF) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Deliveroo plc (OTCMKTS:DROOF) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have assigned a buy recommendation to the company.

Separately, Deutsche Bank Aktiengesellschaft began coverage on shares of Deliveroo in a research report on Monday, February 12th. They set a “buy” rating on the stock.

Deliveroo Price Performance

Shares of DROOF stock opened at $1.51 on Friday. The company’s fifty day simple moving average is $1.49 and its 200-day simple moving average is $1.57. Deliveroo has a 12 month low of $1.04 and a 12 month high of $1.85.

About Deliveroo

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.