Delivery Hero SE (OTCMKTS:DLVHF) Given Average Recommendation of “Hold” by Brokerages

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have earned an average recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating on the company.

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a research note on Friday, May 1st. Citigroup reaffirmed a “neutral” rating on shares of Delivery Hero in a report on Wednesday, May 20th. Barclays downgraded Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Oddo Bhf lowered shares of Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th.

Delivery Hero Price Performance

OTCMKTS DLVHF remained flat at $41.50 during trading hours on Monday. Delivery Hero has a 1 year low of $17.48 and a 1 year high of $46.49. The company has a 50 day moving average price of $41.59 and a 200-day moving average price of $32.29.

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.