Sanford C. Bernstein Reiterates “€95.00” Price Target for Delivery Hero (ETR:DHER)

Delivery Hero (ETR:DHERGet Rating) has been given a €95.00 ($102.15) price objective by Sanford C. Bernstein in a research note issued on Wednesday, Borsen Zeitung reports. Sanford C. Bernstein’s price objective suggests a potential upside of 167.61% from the stock’s current price.

A number of other brokerages have also weighed in on DHER. Credit Suisse Group set a €90.00 ($96.77) price target on shares of Delivery Hero in a research note on Tuesday, February 15th. Barclays set a €80.00 ($86.02) price objective on shares of Delivery Hero in a report on Tuesday, April 5th. Deutsche Bank Aktiengesellschaft set a €80.00 ($86.02) price objective on shares of Delivery Hero in a report on Wednesday, February 16th. Jefferies Financial Group set a €95.00 ($102.15) price objective on shares of Delivery Hero in a report on Monday, April 4th. Finally, UBS Group set a €70.00 ($75.27) price objective on shares of Delivery Hero in a report on Monday, April 4th. One investment analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of €110.39 ($118.70).

Shares of DHER opened at €35.50 ($38.17) on Wednesday. The company has a debt-to-equity ratio of 54.43, a quick ratio of 1.48 and a current ratio of 1.64. Delivery Hero has a twelve month low of €36.04 ($38.75) and a twelve month high of €141.95 ($152.63). The firm’s 50 day moving average price is €43.07 and its two-hundred day moving average price is €79.43. The firm has a market cap of $8.91 billion and a P/E ratio of -4.17.

Delivery Hero Company Profile (Get Rating)

Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 50 countries in Europe, the Middle East, North Africa, Asia, and the Americas. Delivery Hero SE has a strategic partnership agreement with Woowa Brothers Corp. to expand its Asian operations. The company was founded in 2011 and is headquartered in Berlin, Germany.

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