Delivery Hero SE (OTCMKTS:DLVHF) Receives Average Rating of “Hold” from Brokerages

Delivery Hero SE (OTCMKTS:DLVHF) has received a consensus rating of “Hold” from the six ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company.

A number of research firms recently commented on DLVHF. Cantor Fitzgerald raised Delivery Hero to a “neutral” rating in a research note on Thursday, December 11th. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a report on Friday, November 14th. Finally, Citigroup downgraded shares of Delivery Hero from a “neutral” rating to a “sell” rating in a report on Thursday, December 11th.

Delivery Hero Price Performance

Shares of OTCMKTS DLVHF opened at $24.19 on Monday. The business has a fifty day moving average price of $22.89 and a two-hundred day moving average price of $26.04. Delivery Hero has a fifty-two week low of $19.25 and a fifty-two week high of $33.00.

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.