Royal Bank of Canada Reiterates “€35.00” Price Target for Delivery Hero (DHER)

Delivery Hero (ETR:DHER) has been assigned a €35.00 ($40.70) price target by research analysts at Royal Bank of Canada in a report issued on Tuesday. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s target price would suggest a potential downside of 1.24% from the company’s current price.

A number of other analysts have also recently issued reports on DHER. UBS Group set a €51.00 ($59.30) target price on Delivery Hero and gave the stock a “buy” rating in a report on Monday, October 22nd. Goldman Sachs Group set a €52.00 ($60.47) target price on Delivery Hero and gave the stock a “buy” rating in a report on Tuesday, October 30th. Morgan Stanley set a €57.00 ($66.28) target price on Delivery Hero and gave the stock a “buy” rating in a report on Monday, November 5th. JPMorgan Chase & Co. set a €52.00 ($60.47) target price on Delivery Hero and gave the stock a “buy” rating in a report on Wednesday, November 7th. Finally, Jefferies Financial Group set a €50.00 ($58.14) target price on Delivery Hero and gave the stock a “buy” rating in a report on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of €44.18 ($51.38).

Shares of ETR:DHER traded down €0.28 ($0.33) during trading on Tuesday, reaching €35.44 ($41.21). 292,012 shares of the stock were exchanged, 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 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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