Delivery Hero (DHER) Given a €57.00 Price Target by Morgan Stanley Analysts

Delivery Hero (ETR:DHER) has been assigned a €57.00 ($66.28) target price by equities researchers at Morgan Stanley in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Morgan Stanley’s price objective suggests a potential upside of 62.12% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the company. UBS Group set a €51.00 ($59.30) price objective on Delivery Hero and gave the company a “buy” rating in a research report on Thursday, November 1st. Goldman Sachs Group set a €52.00 ($60.47) price objective on Delivery Hero and gave the company a “buy” rating in a research report on Tuesday, October 30th. Credit Suisse Group set a €51.00 ($59.30) price objective on Delivery Hero and gave the company a “buy” rating in a research report on Friday, October 12th. Berenberg Bank set a €50.00 ($58.14) price objective on Delivery Hero and gave the company a “buy” rating in a research report on Wednesday, October 10th. Finally, JPMorgan Chase & Co. set a €52.00 ($60.47) price objective on Delivery Hero and gave the company a “buy” rating in a research report on Tuesday, October 9th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of €49.19 ($57.20).

DHER opened at €35.16 ($40.88) on Monday. Delivery Hero has a 1-year low of €25.15 ($29.24) and a 1-year high of €39.87 ($46.36).

Delivery Hero Company Profile

Delivery Hero SE provides online food ordering and delivery services. It operates in 40 countries in Europe, the Middle East, North Africa, Asia, and the Americas. The company was founded in 2011 and is headquartered in Berlin, Germany.

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Analyst Recommendations for Delivery Hero (ETR:DHER)

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