Deliveroo plc (LON:ROO – Get Free Report) fell 1.3% during trading on Wednesday . The stock traded as low as GBX 131 ($1.66) and last traded at GBX 132.10 ($1.68). 1,029,752 shares traded hands during trading, a decline of 51% from the average session volume of 2,119,484 shares. The stock had previously closed at GBX 133.80 ($1.70).
Analyst Ratings Changes
Several brokerages have recently commented on ROO. Shore Capital reaffirmed a “sell” rating on shares of Deliveroo in a report on Thursday, April 18th. Jefferies Financial Group reissued a “buy” rating and set a GBX 205 ($2.60) price target on shares of Deliveroo in a research report on Thursday, April 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Deliveroo currently has an average rating of “Hold” and an average target price of GBX 166.50 ($2.12).
View Our Latest Research Report on ROO
Deliveroo Price Performance
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 that occurred on Monday, April 22nd. The stock was sold at an average price of GBX 127 ($1.61), for a total value of £3,036,599.21 ($3,858,448.81). Insiders own 23.57% of the company’s stock.
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.
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