Deliveroo (LON:ROO) Trading Up 1.5%

Deliveroo plc (LON:ROO)’s stock price traded up 1.5% on Thursday . The stock traded as high as GBX 118.80 ($1.50) and last traded at GBX 118.30 ($1.50). 1,209,335 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 1,769,357 shares. The stock had previously closed at GBX 116.50 ($1.47).

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Deliveroo from GBX 142 ($1.79) to GBX 166 ($2.10) and gave the company a “neutral” rating in a report on Wednesday, December 6th. Shore Capital restated a “sell” rating on shares of Deliveroo in a report on Thursday, December 14th. Finally, Barclays boosted their target price on shares of Deliveroo from GBX 120 ($1.52) to GBX 145 ($1.83) and gave the company an “equal weight” rating in a report on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 157.75 ($1.99).

Deliveroo Trading Up 1.5 %

The company has a market cap of £1.74 billion, a P/E ratio of -11,830.00, a PEG ratio of -0.15 and a beta of 0.40. The stock’s 50 day moving average is GBX 117.37 and its 200-day moving average is GBX 125. The company has a current ratio of 2.10, a quick ratio of 3.70 and a debt-to-equity ratio of 11.71.

Deliveroo Company Profile

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.