Deliveroo’s (ROO) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Deliveroo (LON:ROO) in a report issued on Thursday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 205 ($2.55) price objective on the stock.

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

Deliveroo Stock Down 0.5 %

Shares of LON:ROO opened at GBX 126 ($1.57) on Thursday. The stock’s 50-day moving average price is GBX 119.13 and its 200-day moving average price is GBX 125.97. Deliveroo has a 12-month low of GBX 96.89 ($1.21) and a 12-month high of GBX 149.40 ($1.86). The stock has a market capitalization of £1.85 billion, a P/E ratio of -12,660.00, a price-to-earnings-growth ratio of -0.15 and a beta of 0.40. The company has a current ratio of 2.10, a quick ratio of 3.70 and a debt-to-equity ratio of 11.71.

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.