Berenberg Bank Analysts Give Delivery Hero (ETR:DHER) a €50.00 Price Target

Delivery Hero (ETR:DHER) received a €50.00 ($58.14) price target from stock analysts at Berenberg Bank in a note issued to investors on Thursday, June 20th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 25.09% from the stock’s current price.

A number of other equities research analysts also recently weighed in on DHER. Kepler Capital Markets set a €27.00 ($31.40) price target on Jungheinrich and gave the company a “neutral” rating in a research report on Thursday, April 25th. Goldman Sachs Group set a €6.20 ($7.21) price objective on Kloeckner & Co SE and gave the company a “buy” rating in a research note on Thursday, June 20th. Credit Suisse Group set a $123.00 target price on Hershey and gave the stock a “hold” rating in a research note on Friday, April 26th. Royal Bank of Canada set a $60.00 target price on Masonite International and gave the stock a “buy” rating in a research note on Friday, May 3rd. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 650 ($8.49) price objective on shares of in a research report on Thursday, June 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €47.72 ($55.49).

ETR DHER traded up €0.12 ($0.14) during trading hours on Thursday, reaching €39.97 ($46.48). 365,692 shares of the stock traded hands, compared to its average volume of 283,556. The firm has a 50 day moving average price of €39.17. Delivery Hero has a 1 year low of €27.48 ($31.95) and a 1 year high of €52.35 ($60.87). The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.38 and a current ratio of 2.68. The firm has a market cap of $7.55 billion and a P/E ratio of -194.98.

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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