Deliveroo plc (OTCMKTS:DROOF) Receives Average Rating of “Hold” from Analysts

Shares of Deliveroo plc (OTCMKTS:DROOF) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company.

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on Deliveroo in a research report on Monday, February 12th. They set a “buy” rating for the company.

Deliveroo Price Performance

Shares of OTCMKTS DROOF opened at $1.51 on Friday. The company has a 50 day simple moving average of $1.50 and a two-hundred day simple moving average of $1.57. Deliveroo has a fifty-two week low of $1.04 and a fifty-two week 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.