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

Delivery Hero SE (OTCMKTS:DLVHF) has received an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

DLVHF has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Delivery Hero in a report on Friday, May 1st. Citigroup upgraded Delivery Hero from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a research report on Thursday, February 5th.

Delivery Hero Stock Performance

DLVHF stock remained flat at $30.75 during mid-day trading on Friday. The business has a fifty day simple moving average of $22.02 and a 200 day simple moving average of $23.84. Delivery Hero has a 12-month low of $17.48 and a 12-month high of $33.45.

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.