Delivery Hero SE (OTCMKTS:DLVHF) Given Average Recommendation of “Hold” by Analysts

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have been given an average recommendation of “Hold” by the seven research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company.

A number of research analysts have recently issued reports on the stock. Barclays reiterated an “overweight” rating on shares of Delivery Hero in a research note on Tuesday, May 19th. Citigroup reaffirmed a “neutral” rating on shares of Delivery Hero in a report on Wednesday, May 20th. Oddo Bhf downgraded Delivery Hero to an “underperform” rating in a research report on Monday, May 25th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a research note on Friday, May 1st.

Delivery Hero Price Performance

DLVHF stock remained flat at $39.95 during trading on Friday. 1,000 shares of the company traded hands, compared to its average volume of 6,565. Delivery Hero has a 12-month low of $17.48 and a 12-month high of $46.49. The stock has a 50 day moving average of $38.15 and a 200 day moving average of $29.14.

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.