Jefferies Financial Group Trims Deliveroo (LON:ROO) Target Price to GBX 202

Deliveroo (LON:ROO) had its target price decreased by investment analysts at Jefferies Financial Group from GBX 205 ($2.60) to GBX 202 ($2.56) in a report issued on Thursday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 56.35% from the stock’s current price.

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

Deliveroo Price Performance

Deliveroo stock opened at GBX 129.20 ($1.64) on Thursday. The firm has a market capitalization of £2.03 billion, a P/E ratio of -12,940.00, a PEG ratio of -0.15 and a beta of 0.36. Deliveroo has a one year low of GBX 106.14 ($1.35) and a one year high of GBX 156 ($1.98). The company has a debt-to-equity ratio of 11.71, a current ratio of 2.10 and a quick ratio of 3.70. The business has a fifty day moving average price of GBX 134.39 and a 200-day moving average price of GBX 126.60.

Insider Buying and Selling at Deliveroo

In other Deliveroo news, insider Will Shu sold 2,391,023 shares of the firm’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of GBX 127 ($1.61), for a total transaction 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.