- (PLX AI) - Delivery Hero is trading at low multiples compared with global peers, analysts at Bank of America said, reiterating their buy recommendation on the stock.
- • Price target remains EUR 200, implying an upside of more than 100%
- • Delivery Hero started the year with a positive development, boosting its stake in Glovo to a majority holding, BofA said
- • Other positives are exists in Japan and Germany, as well as CEO comments on GMV trends in Q4 back to all-time highs: BofA
- • Delivery Hero is down 3.8% this morning
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