Delivery Hero (ETR:DHER) has been assigned a €55.00 ($63.95) price objective by Goldman Sachs Group in a research note issued to investors on Thursday, July 26th. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price target would suggest a potential upside of 15.50% from the stock’s current price.

Several other research firms have also recently issued reports on DHER. Deutsche Bank reiterated a “buy” rating on shares of Delivery Hero in a report on Friday, July 20th. Morgan Stanley set a €55.00 ($63.95) target price on shares of Delivery Hero and gave the stock a “buy” rating in a report on Monday, July 23rd. UBS Group set a €51.00 ($59.30) target price on shares of Delivery Hero and gave the stock a “buy” rating in a report on Tuesday, June 19th. Jefferies Financial Group set a €46.50 ($54.07) target price on shares of Delivery Hero and gave the stock a “buy” rating in a report on Friday, June 8th. Finally, Royal Bank of Canada set a €42.00 ($48.84) price objective on shares of Delivery Hero and gave the stock a “neutral” rating in a research note on Friday, May 4th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Delivery Hero has an average rating of “Buy” and an average price target of €49.01 ($56.98).

Shares of Delivery Hero stock traded down €1.32 ($1.53) on Thursday, hitting €47.62 ($55.37). The company had a trading volume of 530,324 shares, compared to its average volume of 283,556. Delivery Hero has a 52 week low of €25.15 ($29.24) and a 52 week high of €39.87 ($46.36).

Delivery Hero Company Profile

Delivery Hero AG 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.

Read More: How are Outstanding Shares Different from Authorized Shares?

Analyst Recommendations for Delivery Hero (ETR:DHER)

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