Delivery Hero (ETR:DHER) received a €38.10 ($47.04) price target from stock analysts at Goldman Sachs Group in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective indicates a potential upside of 16.87% from the stock’s previous close.
A number of other analysts also recently commented on the stock. Morgan Stanley set a €39.00 ($48.15) price objective on shares of Delivery Hero and gave the company a “buy” rating in a report on Wednesday, December 27th. Citigroup set a €44.90 ($55.43) price objective on shares of Delivery Hero and gave the company a “buy” rating in a report on Wednesday, November 29th. UBS Group set a €34.50 ($42.59) price objective on shares of Delivery Hero and gave the company a “neutral” rating in a report on Friday, November 24th. JPMorgan Chase & Co. set a €54.00 ($66.67) price objective on shares of Delivery Hero and gave the company a “buy” rating in a report on Wednesday, December 6th. Finally, Royal Bank of Canada set a €38.00 ($46.91) price objective on shares of Delivery Hero and gave the company a “neutral” rating in a report on Thursday, January 18th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of €41.79 ($51.59).
Shares of Delivery Hero (DHER) opened at €32.60 ($40.25) on Wednesday. The company has a market cap of $5,950.00 and a PE ratio of -33.27. Delivery Hero has a 1-year low of €25.15 ($31.05) and a 1-year high of €39.87 ($49.22).
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Delivery Hero AG provides online food ordering and delivery services. It operates in 40 countries in Europe, the Middle East and North Africa, Asia, and the Americas. Delivery Hero AG has a strategic partnership with The Coca-Cola Company. The company was founded in 2011 and is headquartered in Berlin, Germany.
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