Delivery Hero SE (OTCMKTS:DLVHF) Stock Rated “Hold” by Sell-Side Brokerages

Delivery Hero SE (OTCMKTS:DLVHF) has received an average recommendation of “Hold” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company.

A number of equities analysts have weighed in on the stock. UBS Group lowered shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Barclays lowered Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th. Finally, Jefferies Financial Group downgraded shares of Delivery Hero to a “hold” rating in a report on Friday, July 24th.

Delivery Hero Price Performance

OTCMKTS DLVHF opened at $42.25 on Tuesday. Delivery Hero has a 1-year low of $17.48 and a 1-year high of $46.49. The business’s fifty day moving average price is $41.49 and its 200-day moving average price is $37.50.

Delivery Hero Company Profile

Delivery Hero SE is a Germany-based technology company that operates online food-ordering and delivery platforms. Through its websites and mobile applications, the company connects customers with restaurants, grocery stores and other merchants, while also providing delivery and logistics services.

Founded in Berlin in 2011, Delivery Hero has expanded internationally through organic growth, acquisitions and a portfolio of regional brands. Its businesses have included foodpanda, which serves markets across Asia and selected other regions, as well as platforms operating in the Middle East, North Africa, Latin America and Europe.