Delivery Hero SE (OTCMKTS:DLVHF) Given Average Rating of “Moderate Buy” by Analysts

Delivery Hero SE (OTCMKTS:DLVHF) has been given an average rating of “Moderate Buy” by the six research firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

DLVHF has been the topic of several recent analyst reports. Cantor Fitzgerald upgraded Delivery Hero to a “neutral” rating in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a research report on Thursday, February 5th. Finally, Citigroup upgraded shares of Delivery Hero from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd.

Delivery Hero Stock Performance

OTCMKTS:DLVHF opened at $19.56 on Friday. Delivery Hero has a 1-year low of $17.48 and a 1-year high of $32.91. The stock has a fifty day simple moving average of $24.31 and a 200 day simple moving average of $25.11.

About Delivery Hero

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.