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

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company.

DLVHF has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a research report on Thursday, July 16th. Barclays downgraded shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. UBS Group cut shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Jefferies Financial Group downgraded Delivery Hero to a “hold” rating in a research note on Friday, July 24th. Finally, Oddo Bhf lowered Delivery Hero to an “underperform” rating in a report on Monday, May 25th.

Delivery Hero Price Performance

DLVHF opened at $43.00 on Monday. Delivery Hero has a 1 year low of $17.48 and a 1 year high of $46.49. The firm’s fifty day moving average price is $41.65 and its two-hundred day moving average price is $32.80.

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.