JPMorgan Shows Confidence in Delivery Hero with Positive Rating

In the latest JPMorgan analyst report, the food delivery service Delivery Hero receives an encouraging assessment. With a sustained 'Overweight' rating and an ambitious target price of 40 euros, the prestigious US bank expresses confidence in the company's growth prospects. According to Marcus Diebel, analyst at JPMorgan, the Gross Merchandise Volume (GMV), a key indicator for the volume of the company's trading activities, has risen significantly in Asia. This suggests that Delivery Hero could potentially meet or even exceed expectations for the first quarter. The forecast supports the assumption that Delivery Hero could assert itself in a dynamic market and contribute to future value creation.