Delivery Hero (OTCMKTS:DLVHF) Upgraded by JPMorgan Chase & Co. to “Overweight”

JPMorgan Chase & Co. upgraded shares of Delivery Hero (OTCMKTS:DLVHFGet Rating) from a neutral rating to an overweight rating in a research note released on Tuesday, The Fly reports.

DLVHF has been the subject of several other reports. Barclays reduced their price objective on Delivery Hero from €69.50 ($71.65) to €66.00 ($68.04) in a research note on Thursday, July 28th. Credit Suisse Group dropped their target price on Delivery Hero from €90.00 ($92.78) to €80.00 ($82.47) and set an outperform rating on the stock in a report on Monday, May 9th. Exane BNP Paribas lowered Delivery Hero from a neutral rating to an underperform rating in a report on Tuesday, July 19th. Bryan, Garnier & Co raised Delivery Hero from a neutral rating to a buy rating in a report on Tuesday, May 17th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Delivery Hero from €80.00 ($82.47) to €50.00 ($51.55) and set a hold rating on the stock in a report on Wednesday, May 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $67.60.

Delivery Hero Stock Performance

Shares of OTCMKTS:DLVHF opened at $50.00 on Tuesday. Delivery Hero has a 52-week low of $25.99 and a 52-week high of $156.03. The business has a 50-day moving average price of $38.98 and a 200-day moving average price of $45.67.

About Delivery Hero

(Get Rating)

Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 50 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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