Delivery Hero SE (OTCMKTS:DLVHF) Receives Consensus Recommendation of “Hold” from Brokerages

Delivery Hero SE (OTCMKTS:DLVHF) has earned an average rating of “Hold” from the seven ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company.

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

Delivery Hero Price Performance

Shares of OTCMKTS DLVHF opened at $43.60 on Wednesday. Delivery Hero has a 1-year low of $17.48 and a 1-year high of $46.49. The business has a 50-day moving average of $28.94 and a 200-day moving average of $26.05.

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.