Deliveroo (OTCMKTS:DROOF) Receives New Coverage from Analysts at Deutsche Bank Aktiengesellschaft

Analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Deliveroo (OTCMKTS:DROOFGet Free Report) in a research report issued on Monday, reports. The brokerage set a “buy” rating on the stock.

Several other research firms have also issued reports on DROOF. Sanford C. Bernstein lowered Deliveroo from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 16th. UBS Group assumed coverage on Deliveroo in a report on Friday, November 24th. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Deliveroo presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.00.

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Deliveroo Price Performance

Shares of Deliveroo stock opened at $1.50 on Monday. The company’s 50-day moving average price is $1.65 and its 200-day moving average price is $1.58. Deliveroo has a 12-month low of $1.03 and a 12-month high of $1.85.

About Deliveroo

(Get Free Report)

Deliveroo plc operates an online food delivery platform. It connects local consumers, riders and restaurants, and grocery partners. The company operates in the United Kingdom, Ireland, France, Italy, Belgium, Hong Kong, Singapore, the United Arab Emirates, Kuwait, and Qatar. Deliveroo plc was founded in 2013 and is based in London, the United Kingdom.

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Analyst Recommendations for Deliveroo (OTCMKTS:DROOF)

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