Delivery Hero (ETR:DHER) Given a €60.00 Price Target by Berenberg Bank Analysts

Delivery Hero (ETR:DHER) received a €60.00 ($69.77) price objective from investment analysts at Berenberg Bank in a research report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 37.36% from the company’s current price.

A number of other equities research analysts also recently issued reports on DHER. Barclays set a €58.80 ($68.37) target price on shares of Delivery Hero and gave the company a “buy” rating in a report on Friday, November 1st. Goldman Sachs Group set a €70.00 ($81.40) target price on shares of Delivery Hero and gave the company a “buy” rating in a report on Friday, November 8th. Credit Suisse Group set a €68.00 ($79.07) target price on shares of Delivery Hero and gave the company a “buy” rating in a report on Thursday, September 5th. Jefferies Financial Group set a €60.00 ($69.77) target price on shares of Delivery Hero and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, UBS Group set a €53.00 ($61.63) target price on shares of Delivery Hero and gave the company a “buy” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company’s stock. Delivery Hero has a consensus rating of “Buy” and a consensus target price of €51.01 ($59.31).

Delivery Hero stock opened at €43.68 ($50.79) on Thursday. Delivery Hero has a 1 year low of €27.48 ($31.95) and a 1 year high of €48.79 ($56.73). The firm has a 50 day moving average price of €41.97 and a 200 day moving average price of €41.53. The company has a market cap of $8.19 billion and a price-to-earnings ratio of 15.18. The company has a debt-to-equity ratio of 4.20, a quick ratio of 2.31 and a current ratio of 2.47.

Delivery Hero Company Profile

Delivery Hero SE provides online food ordering and delivery services. It operates in 40 countries in Europe, the Middle East, North Africa, Asia, and the Americas. The company was founded in 2011 and is headquartered in Berlin, Germany.

Read More: What Does a Sell-Side Analyst Rating Mean?

Analyst Recommendations for Delivery Hero (ETR:DHER)

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