Delivery Hero (OTCMKTS:DLVHF) Cut to “Strong Sell” at BNP Paribas

BNP Paribas lowered shares of Delivery Hero (OTCMKTS:DLVHF) from a hold rating to a strong sell rating in a research report report published on Tuesday,Zacks.com reports.

Several other equities analysts also recently issued reports on the company. Citigroup raised Delivery Hero to a “hold” rating in a research report on Tuesday, October 15th. Barclays raised Delivery Hero to a “strong-buy” rating in a report on Thursday, January 9th.

Delivery Hero Trading Down 2.2 %

Shares of OTCMKTS:DLVHF opened at $29.35 on Tuesday. The firm’s 50-day moving average is $33.52 and its 200 day moving average is $31.48. Delivery Hero has a 12 month low of $17.80 and a 12 month high of $44.79.

About Delivery Hero

Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America. The company was founded in 2011 and is headquartered in Berlin, Germany.