---
title: "Analyst Lowers Price Target to €41.50 and Moves to Hold as Uber Takeover Caps Upside"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293797413.md"
description: "Jefferies analyst Giles Thorne downgraded Delivery Hero SE to Hold with a €41.50 price target, citing Uber's takeover offer which caps upside potential. The rating reflects that the stock is anchored to the offer terms, limiting expected returns below Buy thresholds. Barclays also downgraded the stock to Hold with the same price target on July 21."
datetime: "2026-07-24T20:55:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293797413.md)
  - [en](https://longbridge.com/en/news/293797413.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293797413.md)
generator: "portal-rs"
---

# Analyst Lowers Price Target to €41.50 and Moves to Hold as Uber Takeover Caps Upside

Delivery Hero SE, the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Giles Thorne from Jefferies downgraded the rating on the stock to a Hold and gave it a €41.50 price target.

Giles Thorne has given his Hold rating due to a combination of factors, primarily the announced €41.50 per share takeover offer from Uber and the limited upside this now implies. While his underlying valuation work still indicates a standalone fair value modestly above that level, he assumes the deal is likely to close on the proposed schedule and sees little chance of a meaningful price revision.

Because the stock price is now effectively anchored to the offer terms, the expected 12‑month total return from current levels falls below the threshold that would justify a Buy recommendation. As a result, he aligns his price target with the offer price and shifts to a neutral stance, reflecting a view that risk‑reward is now balanced rather than skewed positively. 

In another report released on July 21, Barclays also downgraded the stock to a Hold with a €41.50 price target.

### Related Stocks

- [DHER.DE](https://longbridge.com/en/quote/DHER.DE.md)
- [UBER.US](https://longbridge.com/en/quote/UBER.US.md)
- [UBRL.US](https://longbridge.com/en/quote/UBRL.US.md)
- [UBEW.US](https://longbridge.com/en/quote/UBEW.US.md)
- [JEF.US](https://longbridge.com/en/quote/JEF.US.md)
- [BARC.UK](https://longbridge.com/en/quote/BARC.UK.md)
- [BCS.US](https://longbridge.com/en/quote/BCS.US.md)

## Related News & Research

- [Uber Announces Offer To Buy Delivery Hero For €41.50/Share In Cash](https://longbridge.com/en/news/292869127.md)
- [BUZZ-Jefferies cuts Delivery Hero to 'hold' on limited Uber deal upside](https://longbridge.com/en/news/293892781.md)
- [Workday stock is downgraded after buyout report as growth expectations are 'too optimistic'](https://longbridge.com/en/news/296104750.md)
- [Where will Workday stock be in 5 years if Silver Lake doesn't buy it?](https://longbridge.com/en/news/296091172.md)
- [BioMarin to acquire Alesta Therapeutics for $275 million for potential rare bone disease treatment](https://longbridge.com/en/news/296376333.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**