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

BNP Paribas downgraded shares of Delivery Hero (OTCMKTS:DLVHF) from a hold rating to a strong sell rating in a report published on Tuesday,Zacks.com reports.

A number of other equities analysts have also commented on the company. Barclays raised Delivery Hero to a “strong-buy” rating in a research note on Thursday, January 9th. Citigroup upgraded shares of Delivery Hero to a “hold” rating in a research report on Tuesday, October 15th.

Delivery Hero Stock Down 2.2 %

Shares of OTCMKTS:DLVHF opened at $29.35 on Tuesday. Delivery Hero has a 12-month low of $17.80 and a 12-month high of $44.79. The business has a fifty day simple moving average of $33.52 and a 200 day simple moving average of $31.48.

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.