Delivery Hero SE (OTCMKTS:DLVHF) Given Consensus Rating of “Hold” by Analysts

Delivery Hero SE (OTCMKTS:DLVHF) has received a consensus recommendation of “Hold” from the eight analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company.

DLVHF has been the topic of a number of recent research reports. UBS Group lowered shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Barclays downgraded Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Jefferies Financial Group lowered Delivery Hero to a “hold” rating in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a report on Thursday, July 16th. Finally, Oddo Bhf lowered Delivery Hero to an “underperform” rating in a report on Monday, May 25th.

Delivery Hero Stock Performance

Delivery Hero stock remained flat at $41.82 during midday trading on Friday. Delivery Hero has a fifty-two week low of $17.48 and a fifty-two week high of $46.49. The company has a 50 day moving average price of $42.05 and a 200-day moving average price of $34.44.

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.