JPMorgan Chase & Co. Reiterates “€52.00” Price Target for Delivery Hero (DHER)

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Delivery Hero (ETR:DHER) has been assigned a €52.00 ($60.47) price objective by stock analysts at JPMorgan Chase & Co. in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 36.63% from the stock’s previous close.

Several other equities research analysts have also commented on the stock. Goldman Sachs Group set a €53.00 ($61.63) target price on shares of Delivery Hero and gave the stock a “buy” rating in a research report on Friday, September 21st. Royal Bank of Canada set a €40.00 ($46.51) target price on shares of Delivery Hero and gave the stock a “neutral” rating in a research report on Monday, October 8th. Credit Suisse Group set a €51.00 ($59.30) target price on shares of Delivery Hero and gave the stock a “buy” rating in a research report on Friday, October 12th. UBS Group set a €53.00 ($61.63) target price on shares of Delivery Hero and gave the stock a “buy” rating in a research report on Tuesday, September 18th. Finally, Morgan Stanley set a €55.00 ($63.95) target price on shares of Delivery Hero and gave the stock a “buy” rating in a research report on Monday, July 23rd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of €49.19 ($57.20).

Shares of ETR DHER opened at €38.06 ($44.26) on Wednesday. Delivery Hero has a one year low of €25.15 ($29.24) and a one year high of €39.87 ($46.36).

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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