Delivery Hero SE (OTCMKTS:DLVHF) Receives Consensus Rating of “Hold” from Brokerages

Delivery Hero SE (OTCMKTS:DLVHF) has been given a consensus rating of “Hold” by the six analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company.

DLVHF has been the subject of several analyst reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Delivery Hero in a research note on Friday, November 14th. Cantor Fitzgerald upgraded shares of Delivery Hero to a “neutral” rating in a research note on Thursday, December 11th. Citigroup lowered shares of Delivery Hero from a “neutral” rating to a “sell” rating in a research report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a report on Thursday.

Delivery Hero Trading Down 0.1%

Shares of OTCMKTS DLVHF traded down $0.02 during midday trading on Thursday, reaching $28.24. The company had a trading volume of 250 shares, compared to its average volume of 2,283. The firm’s fifty day moving average price is $25.57 and its 200-day moving average price is $26.53. Delivery Hero has a one year low of $19.25 and a one year high of $33.00.

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.