Delivery Hero SE (OTCMKTS:DLVHF) Stock Now Rated “Hold” by Sell-Side Brokerages

Delivery Hero SE (OTCMKTS:DLVHF) has been given a consensus rating of “Hold” by the eight research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company.

DLVHF has been the topic of several research analyst reports. Jefferies Financial Group cut Delivery Hero to a “hold” rating in a research report on Friday, July 24th. Barclays lowered Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th. Finally, UBS Group lowered Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th.

Delivery Hero Trading Up 3.4%

Shares of Delivery Hero stock traded up $1.35 on Tuesday, hitting $41.37. The company had a trading volume of 4,249 shares, compared to its average volume of 9,581. The business has a 50-day simple moving average of $41.41 and a 200-day simple moving average of $36.69. Delivery Hero has a 52 week low of $17.48 and a 52 week high of $46.49.

Delivery Hero Company Profile

Delivery Hero SE is a Germany-based technology company that operates online food-ordering and delivery platforms. Through its websites and mobile applications, the company connects customers with restaurants, grocery stores and other merchants, while also providing delivery and logistics services.

Founded in Berlin in 2011, Delivery Hero has expanded internationally through organic growth, acquisitions and a portfolio of regional brands. Its businesses have included foodpanda, which serves markets across Asia and selected other regions, as well as platforms operating in the Middle East, North Africa, Latin America and Europe.