Delivery Hero (ETR:DHER) has been assigned a €51.00 ($59.30) price target by research analysts at UBS Group in a research report issued to clients and investors on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price objective suggests a potential upside of 39.04% from the stock’s previous close.
A number of other equities analysts also recently weighed in on the company. Royal Bank of Canada set a €40.00 ($46.51) target price on Delivery Hero and gave the company a “neutral” rating in a report on Wednesday. Jefferies Financial Group set a €50.00 ($58.14) target price on Delivery Hero and gave the company a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. set a €52.00 ($60.47) target price on Delivery Hero and gave the company a “buy” rating in a report on Wednesday. Morgan Stanley set a €57.00 ($66.28) target price on Delivery Hero and gave the company a “buy” rating in a report on Monday. Finally, Goldman Sachs Group set a €52.00 ($60.47) target price on Delivery Hero and gave the company a “buy” rating in a report on Tuesday, October 30th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of €49.19 ($57.20).
Shares of DHER traded up €1.52 ($1.77) during trading hours on Wednesday, reaching €36.68 ($42.65). The company’s stock had a trading volume of 692,847 shares, compared to its average volume of 283,556. 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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