Broker Recommendations

Deliveroo still a 'sell' despite solid Q1, says Shore Capital

By Benjamin Chiou

Date: Thursday 18 Apr 2024

(Sharecast News) - Food delivery platform Deliveroo impressed the market with forecast-beating first-quarter numbers on Thursday, but they weren't enough for Shore Capital to change its 'sell' rating on the stock.
The broker acknowledged that the new financial year had started slightly better than expected, with gross transaction values (GTV) in...

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