UBS Group Reiterates €49.00 Price Target for Delivery Hero (ETR:DHER)

UBS Group set a €49.00 ($56.98) target price on Delivery Hero (ETR:DHER) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also weighed in on DHER. Deutsche Bank set a €230.00 ($267.44) target price on shares of adidas and gave the company a neutral rating in a report on Tuesday, May 7th. Jefferies Financial Group reissued a buy rating and issued a $11.50 price target on shares of Just Eat in a report on Thursday, July 4th. Berenberg Bank reissued a buy rating and issued a GBX 100 ($1.31) price target on shares of in a report on Monday, July 1st. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 650 ($8.49) price target on shares of in a report on Thursday, June 20th. Finally, Credit Suisse Group began coverage on shares of Arco Platform in a report on Tuesday, June 25th. They issued a neutral rating for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €47.72 ($55.49).

Shares of ETR:DHER traded up €0.33 ($0.38) during trading on Monday, hitting €39.85 ($46.34). 256,409 shares of the stock traded hands, compared to its average volume of 283,556. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.38 and a current ratio of 2.68. The stock has a market capitalization of $7.52 billion and a P/E ratio of -194.39. The business’s fifty day simple moving average is €39.19. Delivery Hero has a 52-week low of €27.48 ($31.95) and a 52-week high of €52.35 ($60.87).

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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