Deliveroo PLC 24.4% potential upside indicated by JP Morgan

Deliveroo PLC with ticker (LON:ROO) now has a potential upside of 24.4% according to JP Morgan.



JP Morgan set a target price of 297 GBX for the company, which when compared to the Deliveroo PLC share price of 225 GBX at opening today (14/12/2021) indicates a potential upside of 24.4%. Trading has ranged between 218 (52 week low) and 397 (52 week high) with an average of 5,699,237 shares exchanging hands daily. The market capitalisation at the time of writing is £3,944,324,760.

Deliveroo plc (Deliveroo), formerly Deliveroo Holdings plc, is a United Kingdom-based online food company. The Company is engaged in delivering food. Deliveroo is a hyperlocal three-sided marketplace that connects local consumers, restaurants and grocers, and riders to fulfil a purchase in under 30 minutes. It has a diverse base of approximately 115,000 restaurant and grocery partners.