Delivery Hero SE (OTCMKTS:DLVHF) Stock Now Rated “Hold” by Sell-Side Analysts

Delivery Hero SE (OTCMKTS:DLVHF) has earned a consensus rating of “Hold” from the eight research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company.

Several research analysts have issued reports on DLVHF shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Delivery Hero in a research report on Thursday, July 16th. UBS Group downgraded Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Jefferies Financial Group lowered Delivery Hero to a “hold” rating in a research note on Friday, July 24th. Finally, Barclays cut Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st.

Delivery Hero Stock Up 3.4%

DLVHF stock traded up $1.35 on Tuesday, hitting $41.37. 4,249 shares of the company’s stock traded hands, compared to its average volume of 9,581. Delivery Hero has a 1-year low of $17.48 and a 1-year high of $46.49. The stock has a fifty day moving average of $41.41 and a 200-day moving average of $36.69.

About Delivery Hero

Delivery Hero SE is a Germany-based technology company that operates online food-ordering and delivery platforms. Through its websites and mobile applications, the company connects customers with restaurants, grocery stores and other merchants, while also providing delivery and logistics services.

Founded in Berlin in 2011, Delivery Hero has expanded internationally through organic growth, acquisitions and a portfolio of regional brands. Its businesses have included foodpanda, which serves markets across Asia and selected other regions, as well as platforms operating in the Middle East, North Africa, Latin America and Europe.