Sanford C. Bernstein Analysts Give Delivery Hero (ETR:DHER) a €70.00 Price Target

Delivery Hero (ETR:DHERGet Rating) has been given a €70.00 ($71.43) target price by Sanford C. Bernstein in a report released on Wednesday, Borsen Zeitung reports. Sanford C. Bernstein’s price target would suggest a potential upside of 32.88% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Berenberg Bank set a €75.00 ($76.53) price target on Delivery Hero in a report on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft set a €45.00 ($45.92) target price on Delivery Hero in a research report on Monday, July 25th. HSBC set a €35.00 ($35.71) price target on shares of Delivery Hero in a research report on Tuesday, June 7th. Jefferies Financial Group set a €95.00 ($96.94) target price on shares of Delivery Hero in a research report on Tuesday. Finally, Credit Suisse Group set a €80.00 ($81.63) target price on shares of Delivery Hero in a report on Monday, May 9th.

Delivery Hero Stock Performance

DHER stock traded up €2.72 ($2.78) on Wednesday, hitting €52.68 ($53.76). The company had a trading volume of 1,819,703 shares, compared to its average volume of 283,556. The company has a current ratio of 2.05, a quick ratio of 1.64 and a debt-to-equity ratio of 82.28. Delivery Hero has a 12-month low of €23.88 ($24.37) and a 12-month high of €134.95 ($137.70). The stock has a market cap of $13.37 billion and a price-to-earnings ratio of -11.77. The stock’s 50-day simple moving average is €40.75 and its 200 day simple moving average is €40.88.

About Delivery Hero

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Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 50 countries in Europe, the Middle East, North Africa, Asia, and the Americas. The company was founded in 2011 and is headquartered in Berlin, Germany.

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