Hellofresh (HFG) PT Set at €12.00 by Deutsche Bank
Hellofresh (ETR:HFG) has been assigned a €12.00 ($14.29) target price by research analysts at Deutsche Bank in a report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 18.93% from the company’s current price.
Several other equities analysts also recently commented on the stock. Morgan Stanley set a €10.70 ($12.74) price target on shares of Hellofresh and gave the company a “neutral” rating in a research note on Tuesday. Berenberg Bank set a €14.00 ($16.67) price target on shares of Hellofresh and gave the company a “buy” rating in a research note on Tuesday. Finally, J P Morgan Chase & Co set a €11.00 ($13.10) price target on shares of Hellofresh and gave the company a “neutral” rating in a research note on Tuesday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of €12.14 ($14.45).
Shares of Hellofresh (ETR HFG) opened at €10.09 ($12.01) on Tuesday. Hellofresh has a 52-week low of €8.86 ($10.55) and a 52-week high of €10.89 ($12.96).
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HelloFresh SE operates as a food subscription company that delivers pre-portioned ingredients to its customers. The company offers meal kits, fresh ingredients, and recipes. HelloFresh SE was founded in 2011 and is headquartered in Berlin, Germany.
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