Deliveroo (LON:ROO) Earns “Buy” Rating from Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Deliveroo (LON:ROO) in a research note published on Thursday, Marketbeat.com reports. They currently have a GBX 205 ($2.55) target price on the stock.

Separately, Shore Capital reiterated a sell rating on shares of Deliveroo in a research note on Thursday. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Deliveroo currently has a consensus rating of Hold and an average target price of GBX 166.50 ($2.07).

Deliveroo Trading Up 0.3 %

LON ROO opened at GBX 127 ($1.58) on Thursday. The company has a quick ratio of 3.70, a current ratio of 2.10 and a debt-to-equity ratio of 11.71. The firm has a market cap of £1.87 billion, a PE ratio of -12,700.00, a price-to-earnings-growth ratio of -0.15 and a beta of 0.40. The company has a 50 day moving average price of GBX 119.28 and a 200 day moving average price of GBX 126.11. Deliveroo has a 52 week low of GBX 96.89 ($1.21) and a 52 week high of GBX 149.40 ($1.86).

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.