JPMorgan Chase & Co. upgraded shares of Deliveroo (OTCMKTS:DROOF) from a neutral rating to an overweight rating in a research report released on Wednesday morning, The Fly reports.
Shares of DROOF stock opened at $4.35 on Wednesday. The stock has a 50-day moving average of $3.98 and a 200-day moving average of $4.22. Deliveroo has a one year low of $3.20 and a one year high of $6.20.
Deliveroo Company Profile
Deliveroo plc operates an online food delivery platform. The company connects local consumers, restaurants and grocers, and riders to fulfil a purchase. It operates approximately in 800 locations across 12 markets, including Australia, Belgium, France, Hong Kong, Italy, Ireland, the Netherlands, Singapore, Spain, United Arab Emirates, Kuwait, and the United Kingdom.
Recommended Story: Pattern Day Trader
