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

Delivery Hero SE (OTCMKTS:DLVHF) has earned an average rating of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of research analysts recently commented on DLVHF shares. Citigroup upgraded Delivery Hero from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a research note on Thursday, February 5th.

Delivery Hero Price Performance

Shares of OTCMKTS DLVHF opened at $23.68 on Tuesday. The business has a fifty day moving average price of $22.03 and a two-hundred day moving average price of $24.14. Delivery Hero has a fifty-two week low of $17.48 and a fifty-two week 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.