JPMorgan Chase & Co. Reiterates “€34.00” Price Target for Delivery Hero (ETR:DHER)

Delivery Hero (ETR:DHERGet Rating) received a €34.00 ($36.56) target price from equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target would suggest a potential downside of 12.35% from the company’s previous close.

Several other equities research analysts have also recently issued reports on DHER. Credit Suisse Group set a €80.00 ($86.02) price objective on shares of Delivery Hero in a research report on Monday, May 9th. Deutsche Bank Aktiengesellschaft set a €80.00 ($86.02) price objective on shares of Delivery Hero in a research report on Wednesday, February 16th. Berenberg Bank set a €88.00 ($94.62) price objective on shares of Delivery Hero in a research report on Monday, May 9th. UBS Group set a €70.00 ($75.27) price objective on shares of Delivery Hero in a research report on Friday. Finally, Deutsche Bank Rese… set a €50.00 ($53.76) price objective on shares of Delivery Hero in a research report on Friday.

ETR DHER opened at €38.79 ($41.71) on Friday. Delivery Hero has a 12 month low of €23.88 ($25.68) and a 12 month high of €134.95 ($145.11). The stock has a market cap of $9.74 billion and a price-to-earnings ratio of -8.67. The company’s 50 day moving average is €34.57 and its two-hundred day moving average is €58.65. The company has a current ratio of 2.05, a quick ratio of 1.64 and a debt-to-equity ratio of 82.28.

About Delivery Hero (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. The company was founded in 2011 and is headquartered in Berlin, Germany.

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