Hellofresh (HFG) Given a €14.00 Price Target at Deutsche Bank
Several other brokerages have also recently issued reports on HFG. JPMorgan Chase & Co. set a €11.00 ($13.58) price target on Hellofresh and gave the company a neutral rating in a research note on Tuesday, December 12th. Berenberg Bank set a €14.00 ($17.28) price target on Hellofresh and gave the company a buy rating in a research note on Tuesday, December 12th. Morgan Stanley set a €10.70 ($13.21) price objective on shares of Hellofresh and gave the company a neutral rating in a research report on Tuesday, December 12th. Finally, BNP Paribas set a €13.00 ($16.05) price objective on shares of Hellofresh and gave the company a buy rating in a research report on Tuesday, December 12th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Hellofresh currently has a consensus rating of Buy and a consensus price target of €13.30 ($16.42).
Shares of Hellofresh stock traded down €0.16 ($0.20) during midday trading on Thursday, reaching €13.69 ($16.90). 27,475 shares of the company traded hands, compared to its average volume of 33,734. The company has a market cap of $2,090.00 and a PE ratio of -22.44. Hellofresh has a twelve month low of €8.86 ($10.94) and a twelve month high of €14.00 ($17.28).
HelloFresh SE delivers pre-portioned ingredients that enable subscribers to prepare home-cooked meals each week using its recipes in Germany, the Netherlands, the United Kingdom, the United States, Canada, Switzerland, Australia, Austria, Belgium, and Luxembourg. It operates an Internet platform that provides customers the choice between various kinds of meals and recipes to be delivered on selected weekdays.
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