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DLVHF / Delivery Hero preferred to Just Eat by analysts at RBC Capital as target, estimates raised

Delivery Hero preferred to Just Eat by analysts at RBC Capital as target, estimates raised
Analysts at RBC Capital have raised their target price for Delivery Hero (ETR:DHER, OTCQX:DLVHF) to €85 from €75 owing to higher EBITDA forecasts, and reiterate an 'Outperform' rating on the German food delivery firm, which they prefer to London-listed Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB). In a note to clients, the RBC analysts said: "We continue to view Delivery Hero as well-positioned, owing to its leading market positions, and expect its equity story to become more attractive to investors over the coming year as it moves towards positive profitability and free cash flow. Read More
Posted: Nov 30 2022, 10:16
Author Name: Proactive Investors
Views: 102639

DLVHF News  

Delivery Hero is spending big to expand in Middle East

By Invezz
July 21, 2023

Delivery Hero is spending big to expand in Middle East

Delivery Hero SE (ETR: DHER) lost to Just Eat Takeaway in Germany – its home market in 2021. But it remains super committed to expanding in Middle E more_horizontal

One of Europe's biggest food delivery firms doubles down on Middle East with $300 million Saudi deal

By CNBC
July 21, 2023

One of Europe's biggest food delivery firms doubles down on Middle East with $300 million Saudi deal

Delivery Hero, the German online food delivery company, said Friday it is taking full ownership of its Saudi subsidiary. more_horizontal

Delivery Hero sees 2023 GMV growth of 5-7%

By Reuters
April 27, 2023

Delivery Hero sees 2023 GMV growth of 5-7%

German online takeaway food company Delivery Hero on Thursday forecast single-digit percentage growth in 2023 gross merchandise value (GMV), citing a more_horizontal

Delivery Hero: Beaten Down Enough And Worth Buying

By Seeking Alpha
April 4, 2023

Delivery Hero: Beaten Down Enough And Worth Buying

Delivery Hero is currently trading at -78% from its all-time high. Delivery Hero posted 9.26% YoY gross merchandise value growth in 4Q which is very s more_horizontal

Delivery Hero: The Mayhem Is Over, Clear Road To Profitability

By Seeking Alpha
February 16, 2023

Delivery Hero: The Mayhem Is Over, Clear Road To Profitability

Delivery Hero is a company managing food delivery platforms. Technology investor Prosus owns 25% of the company. Delivery Hero's recent trading update more_horizontal

Delivery Hero ramps up interest payments to raise 1 bln euro convertible bond

By Reuters
February 13, 2023

Delivery Hero ramps up interest payments to raise 1 bln euro convertible bond

Germany's Delivery Hero is offering investors significantly higher interest payments than it has done historically to raise 1 billion euros ($1.07 bil more_horizontal

Egyptian health tech Yodawy raises $16M, backed by Delivery Hero Ventures

By TechCrunch
February 9, 2023

Egyptian health tech Yodawy raises $16M, backed by Delivery Hero Ventures

Without proper government-led public health initiatives, healthcare expenditures, including insurance and pharmaceutical drugs, can burden individuals more_horizontal

Delivery Hero preferred to Just Eat by analysts at RBC Capital as target, estimates raised

By Proactive Investors
November 30, 2022

Delivery Hero preferred to Just Eat by analysts at RBC Capital as target, estimates raised

Analysts at RBC Capital have raised their target price for Delivery Hero (ETR:DHER, OTCQX:DLVHF) to €85 from €75 owing to higher EBITDA forecast more_horizontal


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