Delivery Hero SE (OTCMKTS:DLVHF) Receives Average Rating of “Hold” from Brokerages

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have received a consensus recommendation of “Hold” from the seven research firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company.

Several research analysts recently weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Delivery Hero in a research report on Friday, May 1st. Barclays reaffirmed an “overweight” rating on shares of Delivery Hero in a research report on Tuesday, May 19th. Oddo Bhf lowered Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Delivery Hero in a research report on Wednesday, May 20th.

Delivery Hero Price Performance

Shares of DLVHF opened at $43.60 on Wednesday. The stock’s fifty day simple moving average is $28.94 and its 200 day simple moving average is $26.05. Delivery Hero has a twelve month low of $17.48 and a twelve month high of $46.49.

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.