Delivery Hero (OTCMKTS:DLVHF – Get Free Report) is projected to release its results before the market opens on Thursday, August 27th. Analysts expect Delivery Hero to announce earnings of ($2.1785) per share and revenue of $4.5539 billion for the quarter.
Delivery Hero Stock Performance
Shares of OTCMKTS:DLVHF opened at $43.00 on Wednesday. Delivery Hero has a 12-month low of $17.48 and a 12-month high of $46.49. The business has a 50 day moving average of $41.58 and a 200-day moving average of $32.49.
Analysts Set New Price Targets
Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a report on Thursday, July 16th. Barclays lowered Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Jefferies Financial Group cut Delivery Hero to a “hold” rating in a research report on Friday, July 24th. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a report on Friday, May 1st. Finally, Oddo Bhf cut shares of Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Delivery Hero currently has an average rating of “Hold”.
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.
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