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

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

A number of other research firms have also issued reports on DLVHF. Barclays upgraded Delivery Hero to a “strong-buy” rating in a research report on Thursday, January 9th. Citigroup upgraded Delivery Hero to a “hold” rating in a report on Tuesday, October 15th.

Delivery Hero Trading Down 2.2 %

DLVHF stock 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’s 50-day moving average is $33.52 and its 200 day moving average is $31.48.

About Delivery Hero

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.