Royal Bank of Canada Reiterates “€38.00” Price Target for Delivery Hero (DHER)

Delivery Hero (ETR:DHER) has been assigned a €38.00 ($45.24) price objective by stock analysts at Royal Bank of Canada in a research report issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 13.64% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Berenberg Bank set a €33.20 ($39.52) target price on shares of Delivery Hero and gave the company a “buy” rating in a research report on Wednesday, September 20th. UBS Group set a €39.00 ($46.43) target price on shares of Delivery Hero and gave the company a “neutral” rating in a research report on Wednesday, December 20th. Goldman Sachs Group set a €38.40 ($45.71) price objective on shares of Delivery Hero and gave the company a “buy” rating in a research report on Wednesday, December 6th. Kepler Capital Markets set a €43.20 ($51.43) price objective on shares of Delivery Hero and gave the company a “buy” rating in a research report on Wednesday, December 6th. Finally, JPMorgan Chase & Co. set a €54.00 ($64.29) price objective on shares of Delivery Hero and gave the company a “buy” rating in a research report on Wednesday, December 6th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Delivery Hero currently has an average rating of “Buy” and an average price target of €41.39 ($49.27).

Delivery Hero (DHER) traded up €0.28 ($0.33) during trading on Thursday, reaching €33.44 ($39.81). 120,509 shares of the company were exchanged, compared to its average volume of 255,091. The company has a market capitalization of $6,100.00 and a P/E ratio of -34.12. Delivery Hero has a 1-year low of €25.15 ($29.94) and a 1-year high of €39.87 ($47.46).

ILLEGAL ACTIVITY WARNING: This news story was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another publication, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/21/royal-bank-of-canada-reiterates-38-00-price-target-for-delivery-hero-dher.html.

About Delivery Hero

Delivery Hero AG provides online food ordering and delivery services. It operates in 40 countries in Europe, the Middle East and North Africa, Asia, and the Americas. Delivery Hero AG has a strategic partnership with The Coca-Cola Company. The company was founded in 2011 and is headquartered in Berlin, Germany.

Analyst Recommendations for Delivery Hero (ETR:DHER)

Receive News & Ratings for Delivery Hero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delivery Hero and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply