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

Deliveroo (LON:ROO)‘s stock had its “buy” rating reaffirmed by Jefferies Financial Group in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 205 ($2.55) price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 59.91% from the stock’s previous close.

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

Deliveroo Stock Up 5.8 %

Deliveroo stock traded up GBX 7 ($0.09) during mid-day trading on Thursday, hitting GBX 128.20 ($1.60). The company’s stock had a trading volume of 3,375,035 shares, compared to its average volume of 1,866,121. The firm’s 50 day moving average is GBX 118.99 and its 200 day moving average is GBX 125.97. The company has a market cap of £1.88 billion, a PE ratio of -12,850.00, a price-to-earnings-growth ratio of -0.15 and a beta of 0.40. The company has a debt-to-equity ratio of 11.71, a current ratio of 2.10 and a quick ratio of 3.70. 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.