HelloFresh SE (OTCMKTS:HLFFF) Receives $45.67 Consensus Price Target from Analysts

HelloFresh SE (OTCMKTS:HLFFF – Get Rating) has been given a consensus recommendation of “Hold” by the eight ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $45.67.

HLFFF has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut shares of HelloFresh from a “neutral” rating to an “underweight” rating in a research note on Friday, February 10th. Credit Suisse Group cut shares of HelloFresh from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 8th. Barclays cut shares of HelloFresh from an “overweight” rating to an “equal weight” rating in a research note on Monday, January 30th. Morgan Stanley reduced their price objective on shares of HelloFresh from €32.00 ($34.41) to €30.00 ($32.26) and set an “equal weight” rating for the company in a research note on Wednesday, January 4th. Finally, The Goldman Sachs Group initiated coverage on shares of HelloFresh in a research note on Sunday, November 20th. They issued a “buy” rating for the company.

HelloFresh Stock Performance

Shares of HelloFresh stock opened at $16.85 on Thursday. The firm has a fifty day simple moving average of $24.06 and a 200-day simple moving average of $23.76. HelloFresh has a 1-year low of $16.85 and a 1-year high of $52.12.

About HelloFresh

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HelloFresh SE engages in the provision of personalized meal solutions. It operates through the following segments: United States of America (USA), International, and Holding. The International segment comprises Australia, Austria, Belgium, Canada, Germany, the Netherlands, Switzerland, and the United Kingdom.