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

Delivery Hero SE (OTCMKTS:DLVHF) has received a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company.

Several research firms recently issued reports on DLVHF. Cantor Fitzgerald raised Delivery Hero to a “neutral” rating in a research note on Thursday, December 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a research report on Thursday. Citigroup cut Delivery Hero from a “neutral” rating to a “sell” rating in a research note on Thursday, December 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Delivery Hero in a research note on Friday, November 14th.

Delivery Hero Price Performance

Shares of Delivery Hero stock traded down $0.02 during mid-day trading on Thursday, hitting $28.24. 250 shares of the stock were exchanged, compared to its average volume of 2,283. The company has a 50-day simple moving average of $25.57 and a 200 day simple moving average of $26.53. Delivery Hero has a 12 month low of $19.25 and a 12 month high of $33.00.

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.