Barclays cut shares of Delivery Hero (OTCMKTS:DLVHF – Free Report) from a strong-buy rating to a hold rating in a research note released on Tuesday,Zacks.com reports.
Several other research firms have also recently weighed in on DLVHF. Citigroup restated a “neutral” rating on shares of Delivery Hero in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th. UBS Group cut shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Royal Bank Of Canada restated an “outperform” rating on shares of Delivery Hero in a research note on Friday, May 1st. Finally, Oddo Bhf lowered Delivery Hero to an “underperform” rating in a report on Monday, May 25th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
Read Our Latest Analysis on Delivery Hero
Delivery Hero Trading Down 0.5%
About Delivery Hero
Delivery Hero SE is a global online food‐ordering and delivery platform that connects consumers, restaurants and couriers through its digital marketplace. The company’s core business revolves around providing a seamless, on‐demand food delivery experience via mobile apps and websites. Beyond traditional restaurant delivery, Delivery Hero also operates a network of cloud kitchens—known as “dark kitchens”—to meet growing consumer demand for a broader variety of cuisines and faster fulfilment times.
Founded in 2011 and headquartered in Berlin, Germany, Delivery Hero has grown through a combination of organic expansion and strategic acquisitions.
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