Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Deliveroo plc Class A ( (GB:ROO) ) has provided an update.
Deliveroo plc has announced the grant of conditional share awards and nil cost options to its CEO, Will Shu, and CFO, Scilla Grimble, under the 2025 Performance Share Plan and Restricted Share Plan. These awards are part of the company’s incentive plan, designed to align the interests of its executives with long-term company performance. The awards are subject to performance targets and holding periods, indicating a strategic move to retain key leadership and drive future growth.
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 exhibits strengths in financial performance with improving cash flows and strong shareholder confidence as reflected by recent corporate events. However, high valuation concerns and potential market corrections due to technical indicators suggest cautious optimism. The company’s strategic initiatives and exiting non-profitable markets like Hong Kong are positive steps, but profitability remains a challenge.
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 food from local restaurants and have it delivered to their doorsteps. The company focuses on connecting consumers with a wide range of dining options, enhancing convenience and choice in the food delivery market.
Average Trading Volume: 7,231,853
Technical Sentiment Signal: Buy
Current Market Cap: £2.53B
See more data about ROO stock on TipRanks’ Stock Analysis page.