Deliveroo PLC with ticker (LON:ROO) now has a potential upside of 28.9% according to JP Morgan Cazenove.
JP Morgan Cazenove set a target price of 201 GBX for the company, which when compared to the Deliveroo PLC share price of 143 GBX at opening today (16/02/2022) indicates a potential upside of 28.9%. Trading has ranged between 137 (52 week low) and 397 (52 week high) with an average of 3,907,581 shares exchanging hands daily. The market capitalisation at the time of writing is £2,585,585,510.
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.
Deliveroo PLC 28.9% potential upside indicated by JP Morgan Cazenove
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- Written by: Charlotte Edwards
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