BNP Paribas Downgrades Delivery Hero (OTCMKTS:DLVHF) to Strong Sell

Delivery Hero (OTCMKTS:DLVHF) was downgraded by stock analysts at BNP Paribas from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other research firms have also weighed in on DLVHF. Citigroup raised shares of Delivery Hero to a “hold” rating in a report on Tuesday, October 15th. Barclays raised Delivery Hero to a “strong-buy” rating in a report on Thursday, January 9th.

Delivery Hero Stock Down 2.2 %

Shares of DLVHF stock opened at $29.35 on Tuesday. The stock’s fifty day simple moving average is $33.52 and its 200 day simple moving average is $31.48. Delivery Hero has a one year low of $17.80 and a one year high of $44.79.

Delivery Hero Company Profile

Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America. The company was founded in 2011 and is headquartered in Berlin, Germany.