JP Morgan ups Deliveroo and Just Eat to 'overweight'

24th Nov 2021 11:19

(Sharecast News) - Deliveroo's sales could beat expectations and Just Eat Takeaway may be a takeover target, JP Morgan said as it upgraded both food delivery groups' shares to 'overweight'.

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Deliveroo partners with French frozen food specialist Picard Groupe

15th Nov 2021 07:55

(Sharecast News) - Food delivery giant Deliveroo said on Monday that it will partner with French frozen food outfit Picard Groupe to offer express deliveries to customers across the European nation.

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Deliveroo lifts annual guidance as Q3 order values rise 58%

20th Oct 2021 07:35

(Sharecast News) - Food delivery company Deliveroo on Wednesday lifted annual growth forecasts after a strong rise in order gross value despite Covid curbs easing on restaurants during the year.

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Deliveroo surges as rival Delivery Hero takes 5.1% stake

9th Aug 2021 08:57

(Sharecast News) - Deliveroo shares surged on Monday after rival Delivery Hero took a 5.09% stake in the company.

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Deliveroo proposes pulling out of Spain

30th Jul 2021 09:47

(Sharecast News) - Online food delivery company Deliveroo has proposed ending its operations in Spain.

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Deliveroo ups guidance but flags margin squeeze

8th Jul 2021 07:55

(Sharecast News) - Deliveroo increased its full-year guidance after a strong second quarter but the food delivery group said extra investment would squeeze profit margins.

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Australian court rules Deliveroo subjected worker to 'harsh, unjust and unreasonable' treatment

18th May 2021 09:02

(Sharecast News) - Australia's Fair Work Commission ruled on Tuesday that a Deliveroo rider who was unfairly dismissed was an employee and not a contractor.

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Tuesday broker round-up

11th May 2021 13:31

(Sharecast News) - Safestore: Liberum upgrades to buy with a target price of 1,060p.

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JPMorgan starts coverage of Deliveroo at 'neutral'

11th May 2021 09:38

(Sharecast News) - JPMorgan Cazenove initiated coverage of Deliveroo on Tuesday with a 'neutral' rating and 285p price target, saying that while the stock's valuation is attractive versus peers, the risk/reward is balanced at this level and it prefers overweight-rated Delivery Hero.

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Waitrose, Deliveroo announce two-year delivery partnership

27th Apr 2021 11:46

(Sharecast News) - Waitrose and Deliveroo announced on Tuesday a two-year partnership to expand delivery service with 110 new locations after a successful trial.

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Odey bets against Deliveroo shares - report

22nd Apr 2021 11:18

(Sharecast News) - Odey Asset Management has taken a short position against Deliveroo in the first evidence of hedge funds betting against the food delivery group's shares, the Financial Times reported.

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Monday broker round-up

19th Apr 2021 13:52

(Sharecast News) - tinyBuild: Berenberg initiates at buy with a target price of 295p.

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Deliveroo leaves guidance unchanged after strong first quarter

15th Apr 2021 07:32

(Sharecast News) - Deliveroo left its full-year guidance unchanged as the food delivery group reported a more than doubling of orders in the first quarter.

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Thursday broker round-up

8th Apr 2021 12:47

(Sharecast News) - Deliveroo: Berenberg initiates at hold with a target price of 310p.

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Deliveroo shares rated 'hold' by Berenberg

8th Apr 2021 12:21

(Sharecast News) - Deliveroo has good growth prospects but it faces stiff competition and regulatory uncertainty, Berenberg said as it initiated coverage of the company's shares with a 'hold' rating.

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