HelloFresh (ETR:HFG) Given a €68.00 Price Target by JPMorgan Chase & Co. Analysts

HelloFresh (ETR:HFG) received a €68.00 ($77.27) price target from research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target suggests a potential upside of 17.08% from the company’s current price.

Several other brokerages also recently weighed in on HFG. Credit Suisse Group set a €93.00 ($105.68) price objective on shares of HelloFresh in a research report on Monday, December 13th. Barclays set a €113.00 ($128.41) price target on shares of HelloFresh in a research report on Thursday, December 9th. Kepler Capital Markets set a €94.10 ($106.93) price objective on shares of HelloFresh in a research note on Thursday, December 9th. Sanford C. Bernstein set a €51.50 ($58.52) price objective on shares of HelloFresh in a research note on Tuesday. Finally, Berenberg Bank set a €106.00 ($120.45) price objective on shares of HelloFresh in a research note on Wednesday. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of €92.40 ($105.00).

Shares of ETR:HFG traded up €0.84 ($0.95) during trading on Friday, hitting €58.08 ($66.00). 1,162,540 shares of the company were exchanged, compared to its average volume of 33,734. The stock has a market capitalization of $10.08 billion and a P/E ratio of 31.29. The company has a debt-to-equity ratio of 52.23, a current ratio of 1.55 and a quick ratio of 1.22. HelloFresh has a 12-month low of €53.15 ($60.40) and a 12-month high of €97.50 ($110.80). The firm’s 50 day moving average price is €76.84 and its 200-day moving average price is €81.41.

HelloFresh Company Profile

HelloFresh SE delivers meal kit solutions to prepare home-cooked meals using its recipes. The company offers premium meals, double portions, and others, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-made meals, and seasonal boxes. It also sells meal-kits through vending machines.

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Analyst Recommendations for HelloFresh (ETR:HFG)

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