Delivery Hero (ETR:DHER) Given a €50.00 Price Target by Deutsche Bank Analysts
Delivery Hero (ETR:DHER) received a €50.00 ($58.14) price objective from Deutsche Bank in a note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price target points to a potential upside of 22.85% from the stock’s current price.
Other analysts have also issued research reports about the stock. Kepler Capital Markets set a €27.00 ($31.40) price objective on shares of Jungheinrich and gave the company a “neutral” rating in a research note on Thursday, April 25th. UBS Group lifted their price objective on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Citigroup reiterated an “average” rating on shares of Stoneridge in a research note on Tuesday, May 7th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 650 ($8.49) price objective on shares of in a research note on Thursday, June 20th. Finally, Credit Suisse Group assumed coverage on shares of Arco Platform in a research note on Tuesday, June 25th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of €48.51 ($56.40).
DHER opened at €40.70 ($47.33) on Monday. The stock has a market capitalization of $7.68 billion and a price-to-earnings ratio of -198.54. The firm’s 50 day moving average price 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). The company has a debt-to-equity ratio of 0.15, a current ratio of 2.68 and a quick ratio of 1.38.
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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