Deliveroo plc (OTCMKTS:DROOF) Receives Average Recommendation of “Hold” from Brokerages

Deliveroo plc (OTCMKTS:DROOF) has been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have assigned a buy recommendation to the company.

Separately, Deutsche Bank Aktiengesellschaft began coverage on Deliveroo in a research note on Monday, February 12th. They issued a “buy” rating on the stock.

Deliveroo Price Performance

Shares of OTCMKTS:DROOF opened at $1.51 on Friday. The business’s 50 day moving average is $1.49 and its 200-day moving average is $1.57. Deliveroo has a 1-year low of $1.04 and a 1-year high of $1.85.

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.