Delivery Hero (ETR:DHER) PT Set at €65.00 by Jefferies Financial Group

Delivery Hero (ETR:DHER) has been assigned a €65.00 ($75.58) price target by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 48.71% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Royal Bank of Canada set a €38.00 ($44.19) price target on Delivery Hero and gave the stock a “neutral” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. set a €57.00 ($66.28) price target on Delivery Hero and gave the stock a “buy” rating in a report on Wednesday, October 30th. HSBC set a €42.00 ($48.84) price target on Delivery Hero and gave the stock a “neutral” rating in a report on Friday, November 1st. Deutsche Bank set a €52.00 ($60.47) price target on Delivery Hero and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Goldman Sachs Group set a €70.00 ($81.40) price target on Delivery Hero and gave the stock a “buy” rating in a report on Friday, November 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of €51.34 ($59.70).

Shares of ETR:DHER traded up €0.06 ($0.07) during midday trading on Friday, hitting €43.71 ($50.83). 206,383 shares of the stock were exchanged, compared to its average volume of 283,556. The stock has a market capitalization of $8.25 billion and a price-to-earnings ratio of 15.19. The company has a debt-to-equity ratio of 4.20, a quick ratio of 2.31 and a current ratio of 2.47. The business’s 50-day moving average price is €42.06 and its 200 day moving average price is €41.61. Delivery Hero has a 12 month low of €27.48 ($31.95) and a 12 month high of €48.79 ($56.73).

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.

See Also: What are earnings reports?

Analyst Recommendations for Delivery Hero (ETR:DHER)

Receive News & Ratings for Delivery Hero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delivery Hero and related companies with MarketBeat.com's FREE daily email newsletter.