JPMorgan Chase & Co. Reiterates “Buy” Rating for Delivery Hero (ETR:DHER)

JPMorgan Chase & Co. reissued their buy rating on shares of Delivery Hero (ETR:DHER) in a research note issued to investors on Monday, Borsen Zeitung reports. JPMorgan Chase & Co. currently has a price target on the stock.

DHER has been the topic of several other research reports. Citigroup set a €50.00 ($58.14) target price on shares of Delivery Hero and gave the company a buy rating in a report on Tuesday, May 7th. Credit Suisse Group set a €64.00 ($74.42) target price on shares of Delivery Hero and gave the company a buy rating in a report on Tuesday, June 25th. Kepler Capital Markets set a €40.00 ($46.51) target price on shares of Delivery Hero and gave the company a buy rating in a report on Thursday, April 25th. Goldman Sachs Group set a €50.00 ($58.14) target price on shares of Delivery Hero and gave the company a buy rating in a report on Tuesday, July 16th. Finally, Jefferies Financial Group set a €60.00 ($69.77) target price on shares of Delivery Hero and gave the company a buy rating in a report on Thursday, July 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The stock presently has an average rating of Buy and an average price target of €48.99 ($56.96).

DHER stock opened at €44.26 ($51.47) on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.38 and a current ratio of 2.68. Delivery Hero has a 52 week low of €27.48 ($31.95) and a 52 week high of €52.35 ($60.87). The firm’s fifty day simple moving average is €40.01. The company has a market cap of $8.36 billion and a price-to-earnings ratio of -215.90.

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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Analyst Recommendations for Delivery Hero (ETR:DHER)

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