Delivery Hero (OTCMKTS:DLVHF – Get Free Report) was downgraded by stock analysts at Barclays from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.
Other equities analysts have also recently issued research reports about the company. UBS Group cut Delivery Hero from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a research report on Thursday, July 16th. Citigroup reiterated a “neutral” rating on shares of Delivery Hero in a research note on Wednesday, May 20th. Finally, Oddo Bhf downgraded shares of Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.
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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.
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