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

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, 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 subject of several analyst reports. Citigroup upgraded shares of Delivery Hero from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Delivery Hero in a research report on Thursday, February 5th.

Delivery Hero Stock Performance

Shares of OTCMKTS:DLVHF opened at $22.35 on Tuesday. The firm has a 50 day moving average of $22.24 and a 200-day moving average of $24.19. Delivery Hero has a 12 month low of $17.48 and a 12 month high of $32.91.

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.