Delivery Hero (OTCMKTS:DLVHF) Price Target Cut to €137.00

Delivery Hero (OTCMKTS:DLVHF) had its price objective trimmed by JPMorgan Chase & Co. from €139.00 ($157.95) to €137.00 ($155.68) in a report released on Friday morning, The Fly reports. The firm currently has an overweight rating on the stock.

DLVHF has been the subject of several other reports. Morgan Stanley assumed coverage on shares of Delivery Hero in a report on Wednesday, November 10th. They issued an overweight rating for the company. Barclays lowered their target price on shares of Delivery Hero from €160.00 ($181.82) to €153.00 ($173.86) and set an overweight rating on the stock in a research note on Thursday. Credit Suisse Group reiterated an outperform rating on shares of Delivery Hero in a research report on Monday, November 15th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Delivery Hero from €150.00 ($170.45) to €140.00 ($159.09) and set a buy rating for the company in a report on Friday, December 10th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, Delivery Hero presently has an average rating of Buy and an average target price of $143.33.

Shares of Delivery Hero stock opened at $96.03 on Friday. The company has a fifty day moving average price of $118.94 and a 200 day moving average price of $133.43. Delivery Hero has a twelve month low of $92.22 and a twelve month high of $171.00.

About Delivery Hero

Delivery Hero SE is a holding company, which engages in the operation of online food ordering portals. It develops an online platform, providing users with information on local restaurants and their delivery services. The firm offers consumers access to online menu cards, order placement, and payment processing applications.

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Analyst Recommendations for Delivery Hero (OTCMKTS:DLVHF)

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