Sanford C. Bernstein Reiterates “€51.50” Price Target for HelloFresh (ETR:HFG)

Sanford C. Bernstein set a €51.50 ($58.52) target price on HelloFresh (ETR:HFG) in a research report report published on Tuesday morning, Borsen Zeitung reports.

Several other brokerages also recently issued reports on HFG. Morgan Stanley set a €77.00 ($87.50) target price on shares of HelloFresh in a research note on Friday, November 5th. Kepler Capital Markets set a €94.10 ($106.93) price objective on shares of HelloFresh in a report on Thursday, December 9th. JPMorgan Chase & Co. set a €85.00 ($96.59) price objective on shares of HelloFresh in a report on Tuesday, December 7th. Credit Suisse Group set a €93.00 ($105.68) price objective on shares of HelloFresh in a report on Monday, December 13th. Finally, Berenberg Bank set a €106.00 ($120.45) price objective on shares of HelloFresh in a report on Wednesday, December 15th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of Buy and an average price target of €92.40 ($105.00).

Shares of ETR HFG opened at €56.26 ($63.93) on Tuesday. The firm’s 50 day moving average price is €76.60 and its 200-day moving average price is €81.27. The company has a market cap of $9.77 billion and a PE ratio of 31.29. HelloFresh has a 52-week low of €53.15 ($60.40) and a 52-week high of €97.50 ($110.80). The company has a debt-to-equity ratio of 52.23, a quick ratio of 1.22 and a current ratio of 1.55.

About HelloFresh

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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