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

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have been given an average rating of “Hold” by the seven research firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating on the company.

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

Delivery Hero Stock Performance

Shares of OTCMKTS DLVHF remained flat at $41.00 during midday trading on Friday. The firm has a 50-day moving average price of $36.53 and a two-hundred day moving average price of $28.58. Delivery Hero has a 12-month low of $17.48 and a 12-month high of $46.49.

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.