Delivery Hero (DHER) Given a €51.00 Price Target by Goldman Sachs Group Analysts

Delivery Hero (ETR:DHER) has been assigned a €51.00 ($59.30) target price by research analysts at Goldman Sachs Group in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s target price suggests a potential upside of 38.36% from the stock’s previous close.

Other analysts have also issued reports about the company. UBS Group set a €51.00 ($59.30) target price on Delivery Hero and gave the company a “buy” rating in a research note on Monday, October 22nd. Deutsche Bank set a €51.00 ($59.30) target price on Delivery Hero and gave the company a “neutral” rating in a research note on Friday, August 10th. Royal Bank of Canada set a €40.00 ($46.51) target price on Delivery Hero and gave the company a “neutral” rating in a research note on Monday, October 8th. Barclays set a €52.25 ($60.76) target price on Delivery Hero and gave the company a “buy” rating in a research note on Friday, September 14th. Finally, JPMorgan Chase & Co. set a €56.00 ($65.12) target price on Delivery Hero and gave the company a “buy” rating in a research note on Thursday, September 13th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of €49.17 ($57.18).

DHER stock opened at €36.86 ($42.86) on Thursday. 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.

Further Reading: Understanding each part of a balance sheet

Analyst Recommendations for Delivery Hero (ETR:DHER)

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