Delivery Hero SE (OTCMKTS:DLVHF) Receives Consensus Rating of “Moderate Buy” from Analysts

Delivery Hero SE (OTCMKTS:DLVHF) has received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several equities analysts have issued reports on DLVHF shares. Royal Bank Of Canada restated an “outperform” rating on shares of Delivery Hero in a research report on Friday, November 14th. Citigroup upgraded Delivery Hero from a “strong sell” rating to a “hold” rating in a report on Tuesday. Cantor Fitzgerald raised Delivery Hero to a “neutral” rating in a research report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a research report on Thursday, February 5th.

Delivery Hero Price Performance

Delivery Hero stock opened at $25.01 on Monday. The business has a 50 day moving average of $26.71 and a 200-day moving average of $26.23. Delivery Hero has a 1 year low of $19.25 and a 1 year high of $32.91.

Delivery Hero Company Profile

Delivery Hero SE is a global online food‐ordering and delivery platform that connects consumers, restaurants and couriers through its digital marketplace. The company’s core business revolves around providing a seamless, on‐demand food delivery experience via mobile apps and websites. Beyond traditional restaurant delivery, Delivery Hero also operates a network of cloud kitchens—known as “dark kitchens”—to meet growing consumer demand for a broader variety of cuisines and faster fulfilment times.

Founded in 2011 and headquartered in Berlin, Germany, Delivery Hero has grown through a combination of organic expansion and strategic acquisitions.