Delivery Hero (OTCMKTS:DLVHF) Stock Rating Lowered by Barclays

Delivery Hero (OTCMKTS:DLVHFGet Free Report) was downgraded by equities research analysts at Barclays from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other research analysts have also recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a research report on Friday, May 1st. Oddo Bhf lowered shares of Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th. Citigroup reissued a “neutral” rating on shares of Delivery Hero in a report on Wednesday, May 20th. Finally, UBS Group lowered shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Research Report on DLVHF

Delivery Hero Stock Down 0.5%

Shares of DLVHF opened at $43.65 on Tuesday. Delivery Hero has a one year low of $17.48 and a one year high of $46.49. The business has a fifty day moving average of $41.23 and a 200 day moving average of $30.21.

Delivery Hero Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Delivery Hero (OTCMKTS:DLVHF)

Receive News & Ratings for Delivery Hero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delivery Hero and related companies with MarketBeat.com's FREE daily email newsletter.