Deliveroo (LON:ROO) PT Lowered to GBX 202 at Jefferies Financial Group

Deliveroo (LON:ROO) had its target price decreased by Jefferies Financial Group from GBX 205 ($2.60) to GBX 202 ($2.56) in a research report released on Thursday, Marketbeat reports. Jefferies Financial Group currently has a buy rating on the stock.

Separately, Shore Capital restated a sell rating on shares of Deliveroo in a report on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Deliveroo presently has an average rating of Hold and a consensus price target of GBX 165.75 ($2.10).

Deliveroo Stock Down 0.7 %

Deliveroo stock opened at GBX 128.70 ($1.63) on Thursday. Deliveroo has a fifty-two week low of GBX 106.14 ($1.35) and a fifty-two week high of GBX 156 ($1.98). The firm has a market capitalization of £2.02 billion, a price-to-earnings ratio of -12,960.00, a price-to-earnings-growth ratio of -0.15 and a beta of 0.36. The stock’s fifty day moving average is GBX 134.46 and its two-hundred day moving average is GBX 126.63. The company has a debt-to-equity ratio of 11.71, a quick ratio of 3.70 and a current ratio of 2.10.

Insider Buying and Selling

In other Deliveroo news, insider Will Shu sold 2,391,023 shares of the company’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of GBX 127 ($1.61), for a total value of £3,036,599.21 ($3,852,085.77). 23.57% of the stock is currently owned by company insiders.

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.