JPMorgan Chase & Co. set a €51.00 ($59.30) price target on Delivery Hero (ETR:DHER) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also recently weighed in on DHER. Jefferies Financial Group set a €50.00 ($58.14) price target on Delivery Hero and gave the company a buy rating in a research report on Wednesday, January 2nd. Barclays set a €53.00 ($61.63) price target on Delivery Hero and gave the company a buy rating in a research report on Wednesday, January 2nd. Deutsche Bank restated a neutral rating on shares of Delivery Hero in a research report on Thursday, January 3rd. Bank of America set a €26.00 ($30.23) price target on Delivery Hero and gave the company a sell rating in a research report on Monday, January 7th. Finally, Berenberg Bank set a €50.00 ($58.14) price target on Delivery Hero and gave the company a buy rating in a research report on Wednesday, January 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company. Delivery Hero presently has an average rating of Buy and a consensus target price of €45.52 ($52.93).
Delivery Hero stock traded up €0.26 ($0.30) during midday trading on Wednesday, reaching €41.35 ($48.08). The company’s stock had a trading volume of 248,460 shares, compared to its average volume of 283,556. Delivery Hero has a fifty-two week low of €27.48 ($31.95) and a fifty-two week high of €52.35 ($60.87). The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.38 and a current ratio of 2.68. The company has a market cap of $7.64 billion and a P/E ratio of -201.71.
About Delivery Hero
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.
See Also: Return on Equity (ROE)
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