Delivery Hero SE (OTCMKTS:DLVHF) Given Average Rating of “Hold” by Brokerages

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have earned a consensus recommendation of “Hold” from the seven analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company.

A number of equities analysts have weighed in on the stock. Barclays reiterated an “overweight” rating on shares of Delivery Hero in a research report on Tuesday, May 19th. Oddo Bhf downgraded shares of Delivery Hero to an “underperform” rating in a report on Monday, May 25th. Citigroup reissued a “neutral” rating on shares of Delivery Hero in a report on Wednesday, May 20th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a report on Friday, May 1st.

Delivery Hero Trading Down 1.8%

Shares of OTCMKTS:DLVHF opened at $41.81 on Wednesday. Delivery Hero has a twelve month low of $17.48 and a twelve month high of $46.49. The company has a 50-day moving average price of $31.27 and a two-hundred day moving average price of $26.85.

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.