Delivery Hero (OTCMKTS:DLVHF) Given New €51.00 Price Target at JPMorgan Chase & Co.

Delivery Hero (OTCMKTS:DLVHF – Get Rating) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from €56.00 ($58.95) to €51.00 ($53.68) in a research note issued on Tuesday, The Fly reports. The firm presently has a “neutral” rating on the stock.

Several other equities research analysts also recently weighed in on DLVHF. Deutsche Bank Aktiengesellschaft decreased their price objective on Delivery Hero from €80.00 ($84.21) to €50.00 ($52.63) and set a “hold” rating for the company in a report on Wednesday, May 4th. Credit Suisse Group cut their price target on Delivery Hero from €90.00 ($94.74) to €80.00 ($84.21) and set an “outperform” rating for the company in a research note on Monday. Barclays cut their price target on Delivery Hero from €160.00 ($168.42) to €153.00 ($161.05) and set an “overweight” rating for the company in a research note on Thursday, January 13th. Bryan, Garnier & Co cut Delivery Hero from a “buy” rating to a “neutral” rating in a research note on Friday, February 11th. Finally, UBS Group cut their price target on Delivery Hero from €151.00 ($158.95) to €110.00 ($115.79) in a research note on Monday, February 7th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $88.80.

Shares of DLVHF stock traded down $6.46 during trading hours on Tuesday, hitting $26.44. The stock had a trading volume of 757 shares, compared to its average volume of 2,768. Delivery Hero has a twelve month low of $26.44 and a twelve month high of $156.03. The stock’s 50 day moving average is $41.77 and its 200 day moving average is $80.90.

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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