Royal Bank of Canada Analysts Give Delivery Hero (ETR:DHER) a €35.00 Price Target

Royal Bank of Canada set a €35.00 ($40.70) price target on Delivery Hero (ETR:DHER) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also recently commented on DHER. Barclays set a €53.80 ($62.56) target price on shares of Delivery Hero and gave the company a buy rating in a research report on Wednesday, April 24th. Goldman Sachs Group set a €50.00 ($58.14) price objective on shares of Delivery Hero and gave the company a buy rating in a research report on Tuesday, July 16th. Kepler Capital Markets set a €40.00 ($46.51) price objective on shares of Delivery Hero and gave the company a buy rating in a research report on Thursday, April 25th. Credit Suisse Group set a €64.00 ($74.42) price objective on shares of Delivery Hero and gave the company a buy rating in a research report on Tuesday, June 25th. Finally, UBS Group set a €49.00 ($56.98) price objective on shares of Delivery Hero and gave the company a buy rating in a research report on Monday, July 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of €48.99 ($56.96).

Shares of Delivery Hero stock opened at €44.51 ($51.76) on Tuesday. The company’s fifty day simple moving average is €40.15. The company has a market cap of $8.40 billion and a PE ratio of -217.12. Delivery Hero has a 52 week low of €27.48 ($31.95) and a 52 week high of €49.88 ($58.00). The company has a quick ratio of 1.38, a current ratio of 2.68 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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