Delivery Hero (OTCMKTS:DLVHF) Raised to Hold at Citigroup

Delivery Hero (OTCMKTS:DLVHF) was upgraded by stock analysts at Citigroup to a “hold” rating in a research note issued to investors on Tuesday, Zacks.com reports.

Separately, UBS Group raised shares of Delivery Hero to a “strong-buy” rating in a research note on Thursday, August 1st.

Delivery Hero Stock Performance

OTCMKTS:DLVHF opened at $40.00 on Tuesday. The firm has a 50-day simple moving average of $31.71 and a 200-day simple moving average of $28.93. Delivery Hero has a one year low of $17.80 and a one year high of $43.76.

About Delivery Hero

Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America. The company was founded in 2011 and is headquartered in Berlin, Germany.