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

Shares of Delivery Hero SE (OTCMKTS:DLVHF) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several brokerages have recently commented on DLVHF. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Delivery Hero in a research note on Thursday, February 5th. Cantor Fitzgerald upgraded shares of Delivery Hero to a “neutral” rating in a report on Thursday, December 11th. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a research report on Friday, November 14th. Finally, Citigroup upgraded shares of Delivery Hero from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd.

Delivery Hero Price Performance

Shares of OTCMKTS DLVHF opened at $25.01 on Monday. Delivery Hero has a twelve month low of $19.25 and a twelve month high of $32.91. The business has a fifty day simple moving average of $26.71 and a two-hundred day simple moving average of $26.19.

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.