Delivery Hero SE (OTCMKTS:DLVHF) Receives Consensus Recommendation of “Hold” from Brokerages

Delivery Hero SE (OTCMKTS:DLVHF) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company.

A number of brokerages recently commented on DLVHF. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a research report on Thursday, February 5th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Delivery Hero in a report on Friday, November 14th. Cantor Fitzgerald raised shares of Delivery Hero to a “neutral” rating in a report on Thursday, December 11th. Finally, Citigroup cut shares of Delivery Hero from a “neutral” rating to a “sell” rating in a research report on Thursday, December 11th.

Delivery Hero Stock Performance

Shares of Delivery Hero stock opened at $25.01 on Monday. The stock’s 50 day simple moving average is $26.73 and its 200-day simple moving average is $26.26. Delivery Hero has a 1-year low of $19.25 and a 1-year high of $32.91.

Delivery Hero Company Profile

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.