Delivery Hero resumed with a Buy at Goldman Sachs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 25 2025
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Should l Buy ?
Goldman Sachs Analyst Coverage: Lisa Yang has resumed coverage of Delivery Hero with a Buy rating and a price target of EUR 39, indicating confidence in the company's potential despite competitive pressures in South Korea and Hong Kong.
Market Outlook: The analyst believes that current valuation multiples reflect short-term volatility risks related to Keeta's expansion in MENA, while Delivery Hero shows strong momentum outside Asia and no longer faces balance sheet concerns.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
