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

Delivery Hero SE (OTCMKTS:DLVHF) has been given a consensus rating of “Hold” by the nine research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company.

A number of research firms have commented on DLVHF. Barclays lowered shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th. Jefferies Financial Group lowered Delivery Hero to a “hold” rating in a report on Friday, July 24th. Oddo Bhf cut Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Delivery Hero in a research note on Wednesday, May 20th.

Delivery Hero Stock Performance

DLVHF stock opened at $40.92 on Thursday. The company has a fifty day moving average price of $42.13 and a 200 day moving average price of $31.29. Delivery Hero has a 12 month low of $17.48 and a 12 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.