Delivery Hero (ETR:DHER) PT Set at €48.00 by UBS Group

UBS Group set a €48.00 ($55.81) price objective on Delivery Hero (ETR:DHER) in a report published on Monday, June 3rd, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the company. Deutsche Bank set a €48.00 ($55.81) price objective on Delivery Hero and gave the company a buy rating in a research report on Tuesday, May 7th. Citigroup set a €50.00 ($58.14) target price on Delivery Hero and gave the company a buy rating in a research note on Tuesday, May 7th. Royal Bank of Canada set a €35.00 ($40.70) target price on Delivery Hero and gave the company a neutral rating in a research note on Friday, May 3rd. Jefferies Financial Group set a €55.00 ($63.95) target price on Delivery Hero and gave the company a buy rating in a research note on Monday, May 6th. Finally, JPMorgan Chase & Co. set a €51.00 ($59.30) target price on Delivery Hero and gave the company a buy rating in a research note on Wednesday, May 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of €47.29 ($54.99).

Shares of Delivery Hero stock traded down €0.62 ($0.72) during trading hours on Monday, hitting €39.52 ($45.95). The company’s stock had a trading volume of 244,321 shares, compared to its average volume of 283,556. The stock has a 50 day moving average price of €39.81. Delivery Hero has a 12-month low of €27.48 ($31.95) and a 12-month high of €52.35 ($60.87). The firm has a market cap of $7.35 billion and a P/E ratio of -192.78. The company has a current ratio of 2.68, a quick ratio of 1.38 and a debt-to-equity ratio of 0.15.

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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