Delivery Hero (DHER) PT Set at €38.00 by JPMorgan Chase & Co.

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Delivery Hero (ETR:DHER) received a €38.00 ($44.19) price target from stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 18.01% from the stock’s previous close.

A number of other research analysts have also recently commented on the company. Royal Bank of Canada set a €35.00 ($40.70) price target on Delivery Hero and gave the stock a “neutral” rating in a research note on Wednesday. Berenberg Bank set a €50.00 ($58.14) price target on Delivery Hero and gave the stock a “buy” rating in a research note on Wednesday, January 9th. Bank of America set a €26.00 ($30.23) price objective on Delivery Hero and gave the company a “sell” rating in a research note on Monday, January 7th. Deutsche Bank reiterated a “neutral” rating on shares of Delivery Hero in a research note on Thursday, January 3rd. Finally, Barclays set a €53.00 ($61.63) price objective on Delivery Hero and gave the company a “buy” rating in a research note on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company. Delivery Hero currently has a consensus rating of “Buy” and a consensus price target of €44.63 ($51.89).

ETR:DHER traded down €0.16 ($0.19) during trading hours on Thursday, reaching €32.20 ($37.44). 524,714 shares of the stock were exchanged, compared to its average volume of 283,556. Delivery Hero has a twelve month low of €25.15 ($29.24) and a twelve month high of €39.87 ($46.36).

Delivery Hero Company Profile

Delivery Hero SE provides online food ordering and delivery services. It operates in 40 countries in Europe, the Middle East, North Africa, Asia, and the Americas. The company was founded in 2011 and is headquartered in Berlin, Germany.

See Also: Price to Earnings Ratio (PE)

Analyst Recommendations for Delivery Hero (ETR:DHER)

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