Deliveroo plc (OTCMKTS:DROOF) Given Average Rating of “Hold” by Brokerages

Shares of Deliveroo plc (OTCMKTS:DROOFGet Free Report) have received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company.

A number of research firms recently issued reports on DROOF. UBS Group began coverage on Deliveroo in a research note on Friday, November 24th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. raised Deliveroo from an “underweight” rating to a “neutral” rating in a research note on Friday, October 13th. Finally, Sanford C. Bernstein lowered Deliveroo from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 16th.

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Deliveroo Price Performance

Shares of OTCMKTS DROOF opened at $1.50 on Monday. The business has a 50-day moving average of $1.66 and a two-hundred day moving average of $1.58. Deliveroo has a 1 year low of $1.03 and a 1 year high of $1.85.

About Deliveroo

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

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Analyst Recommendations for Deliveroo (OTCMKTS:DROOF)

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