Delivery Hero SE (OTCMKTS:DLVHF) Given Average Recommendation of “Hold” by Analysts

Delivery Hero SE (OTCMKTS:DLVHF) has earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company.

A number of research analysts have recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a research report on Friday, May 1st. Barclays downgraded shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Oddo Bhf downgraded Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Citigroup restated a “neutral” rating on shares of Delivery Hero in a research note on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a research report on Thursday, July 16th.

Delivery Hero Price Performance

DLVHF traded down $2.73 during trading on Thursday, reaching $40.92. 196 shares of the stock were exchanged, compared to its average volume of 11,733. The stock’s 50 day moving average price is $42.17 and its two-hundred day moving average price is $30.84. Delivery Hero has a twelve month low of $17.48 and a twelve month high of $46.49.

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.