Goldman Sachs Group Reiterates €50.00 Price Target for Delivery Hero (ETR:DHER)
Goldman Sachs Group set a €50.00 ($58.14) price objective on Delivery Hero (ETR:DHER) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
DHER has been the topic of a number of other research reports. UBS Group boosted their price objective on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a research report on Monday, July 8th. Credit Suisse Group initiated coverage on Arco Platform in a report on Tuesday, June 25th. They set a neutral rating on the stock. Deutsche Bank initiated coverage on Target in a report on Monday. They set a hold rating and a $85.00 target price on the stock. Berenberg Bank reaffirmed a buy rating and set a GBX 100 ($1.31) target price on shares of in a report on Monday, July 1st. Finally, JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 650 ($8.49) target price on shares of in a report on Thursday, June 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of €48.51 ($56.40).
Shares of DHER stock opened at €40.51 ($47.10) on Tuesday. The company has a market cap of $7.65 billion and a price-to-earnings ratio of -197.61. Delivery Hero has a twelve month low of €27.48 ($31.95) and a twelve month high of €52.35 ($60.87). The company has a debt-to-equity ratio of 0.15, a current ratio of 2.68 and a quick ratio of 1.38. The stock’s fifty day moving average price is €39.25.
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.
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