JPMorgan Chase & Co. Analysts Give Delivery Hero (ETR:DHER) a €59.00 Price Target

Delivery Hero (ETR:DHER) has been given a €59.00 ($68.60) price objective by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 33.09% from the stock’s current price.

DHER has been the topic of several other research reports. Credit Suisse Group set a €68.00 ($79.07) target price on Delivery Hero and gave the stock a “buy” rating in a research note on Thursday, September 5th. Goldman Sachs Group set a €50.00 ($58.14) target price on Delivery Hero and gave the stock a “buy” rating in a research note on Wednesday, September 4th. UBS Group set a €53.00 ($61.63) target price on Delivery Hero and gave the stock a “buy” rating in a research note on Friday, September 13th. HSBC set a €42.00 ($48.84) target price on Delivery Hero and gave the stock a “neutral” rating in a research note on Friday, October 11th. Finally, Berenberg Bank set a €50.00 ($58.14) target price on Delivery Hero and gave the stock a “buy” rating in a research note on Friday, September 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of €49.22 ($57.23).

DHER opened at €44.33 ($51.55) on Tuesday. The stock’s 50-day moving average price is €42.27 and its 200 day moving average price is €40.59. Delivery Hero has a 12-month low of €27.48 ($31.95) and a 12-month high of €48.79 ($56.73). The company has a current ratio of 2.47, a quick ratio of 2.31 and a debt-to-equity ratio of 4.20. The firm has a market cap of $8.37 billion and a price-to-earnings ratio of 15.40.

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.

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Analyst Recommendations for Delivery Hero (ETR:DHER)

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