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

JPMorgan Chase & Co. set a €59.00 ($68.60) price objective on Delivery Hero (ETR:DHER) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also recently weighed in on the company. UBS Group set a €53.00 ($61.63) price target on Delivery Hero and gave the company a buy rating in a research report on Friday, September 13th. Berenberg Bank set a €50.00 ($58.14) price target on Delivery Hero and gave the company a buy rating in a research report on Friday, September 20th. HSBC set a €42.00 ($48.84) price target on Delivery Hero and gave the company a neutral rating in a research report on Friday, October 11th. Credit Suisse Group set a €68.00 ($79.07) price target on Delivery Hero and gave the company a buy rating in a research report on Thursday, September 5th. Finally, Royal Bank of Canada set a €38.00 ($44.19) price target on Delivery Hero and gave the company a neutral rating in a research report on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of €49.22 ($57.23).

ETR:DHER opened at €43.99 ($51.15) on Tuesday. The company has a debt-to-equity ratio of 4.20, a current ratio of 2.47 and a quick ratio of 2.31. The business has a fifty day simple moving average of €42.25 and a two-hundred day simple moving average of €40.76. Delivery Hero has a 1 year low of €27.48 ($31.95) and a 1 year high of €48.79 ($56.73). The company has a market capitalization of $8.30 billion and a P/E ratio of 15.28.

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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