Deliveroo plc (OTCMKTS:DROOF) Receives Average Recommendation of “Hold” from Brokerages

Shares of Deliveroo plc (OTCMKTS:DROOF) have received an average recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating on the company.

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

Deliveroo Price Performance

Deliveroo stock opened at $1.51 on Friday. Deliveroo has a twelve month low of $1.04 and a twelve month high of $1.85. The firm has a 50 day moving average price of $1.49 and a 200-day moving average price of $1.57.

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.