Delivery Hero SE (OTCMKTS:DLVHF) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

DLVHF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a report on Thursday, February 5th. Citigroup reiterated a “neutral” rating on shares of Delivery Hero in a report on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Delivery Hero in a report on Friday, May 1st. Finally, Barclays reiterated an “overweight” rating on shares of Delivery Hero in a report on Tuesday.

Delivery Hero Trading Up 9.6%

OTCMKTS DLVHF opened at $40.00 on Friday. Delivery Hero has a twelve month low of $17.48 and a twelve month high of $41.08. The stock has a fifty day simple moving average of $23.21 and a 200-day simple moving average of $24.21.

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.