Delivery Hero (ETR:DHER) received a €50.00 ($58.14) price target from equities researchers at Berenberg Bank in a report released on Monday. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 47.49% from the company’s previous close.
A number of other research analysts also recently weighed in on DHER. Royal Bank of Canada set a €42.00 ($48.84) price target on Delivery Hero and gave the company a “neutral” rating in a report on Wednesday, August 8th. Deutsche Bank set a €51.00 ($59.30) price target on Delivery Hero and gave the company a “neutral” rating in a report on Friday, August 10th. UBS Group set a €53.00 ($61.63) price target on Delivery Hero and gave the company a “buy” rating in a report on Monday, August 13th. Jefferies Financial Group set a €46.50 ($54.07) price target on Delivery Hero and gave the company a “buy” rating in a report on Monday, August 13th. Finally, Barclays set a €52.25 ($60.76) price target on Delivery Hero and gave the company a “buy” rating in a report on Thursday, August 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the stock. Delivery Hero currently has an average rating of “Buy” and a consensus target price of €46.21 ($53.74).
Shares of DHER stock traded up €1.76 ($2.05) on Monday, reaching €33.90 ($39.42). 139,108 shares of the company’s stock traded hands, compared to its average volume of 283,556. Delivery Hero has a 12-month low of €25.15 ($29.24) and a 12-month high of €39.87 ($46.36).
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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