Delivery Hero SE (OTCMKTS:DLVHF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have received an average recommendation of “Hold” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company.

A number of equities analysts have recently commented on the company. UBS Group cut Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th. Oddo Bhf cut Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Jefferies Financial Group downgraded Delivery Hero to a “hold” rating in a research note on Friday, July 24th. Finally, Barclays cut shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st.

Delivery Hero Price Performance

OTCMKTS DLVHF remained flat at $41.82 on Friday. The firm’s fifty day moving average is $42.05 and its two-hundred day moving average is $34.44. Delivery Hero has a twelve month low of $17.48 and a twelve 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.