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Deliveroo Announces Total Voting Rights Update

Story Highlights
  • Deliveroo operates in the food delivery industry, connecting customers with restaurants.
  • Deliveroo’s total voting rights are 1,497,421,453 after treasury shares are accounted.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Deliveroo Announces Total Voting Rights Update

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Deliveroo plc Class A ( (GB:ROO) ) has issued an announcement.

Deliveroo plc has announced its total voting rights, with the company’s issued share capital consisting of 1,511,055,868 Ordinary Shares, each carrying one vote. After accounting for shares held in treasury, the total number of voting rights is 1,497,421,453. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:ROO) stock is a Hold with a £1.29 price target. To see the full list of analyst forecasts on Deliveroo plc Class A stock, see the GB:ROO Stock Forecast page.

Spark’s Take on GB:ROO Stock

According to Spark, TipRanks’ AI Analyst, GB:ROO is a Neutral.

Deliveroo’s overall score is driven by improving financial performance and positive corporate events. However, valuation concerns and potential overbought technical indicators limit the upside. The company’s strategic initiatives and recent earnings call provide a positive outlook, but profitability challenges and high valuation remain key risks.

To see Spark’s full report on GB:ROO stock, click here.

More about Deliveroo plc Class A

Deliveroo plc operates in the food delivery industry, providing an online platform for ordering meals from a wide range of restaurants. The company focuses on connecting customers with local eateries and offering a convenient delivery service.

Average Trading Volume: 15,831,639

Technical Sentiment Signal: Buy

Current Market Cap: £2.55B

See more insights into ROO stock on TipRanks’ Stock Analysis page.

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