Deliveroo Announces Total Voting Rights Update

Deliveroo plc Class A ( (GB:ROO) ) has shared an update.

Deliveroo plc has announced that its issued share capital consists of 1,511,055,868 Ordinary Shares, with a total of 1,497,421,453 voting rights after accounting for shares held in treasury. This information is relevant 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 £1.55 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 customers to order meals from local restaurants and have them delivered to their location. The company focuses on enhancing the convenience and efficiency of food delivery services in various markets.

Average Trading Volume: 17,099,026

Technical Sentiment Signal: Buy

Current Market Cap: £2.57B

Learn more about ROO stock on TipRanks’ Stock Analysis page.