Hellofresh SE (HFG) Given Consensus Rating of “Buy” by Brokerages

Shares of Hellofresh SE (ETR:HFG) have earned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is €14.67 ($17.05).

A number of analysts have recently commented on the company. Berenberg Bank set a €17.00 ($19.77) price target on Hellofresh and gave the company a “buy” rating in a report on Wednesday, September 26th. Morgan Stanley set a €14.00 ($16.28) price target on Hellofresh and gave the company a “neutral” rating in a report on Monday, October 8th. Deutsche Bank set a €16.00 ($18.60) price target on Hellofresh and gave the company a “buy” rating in a report on Wednesday, August 15th. JPMorgan Chase & Co. set a €17.00 ($19.77) price target on Hellofresh and gave the company a “buy” rating in a report on Tuesday, November 13th. Finally, Barclays set a €14.00 ($16.28) price target on Hellofresh and gave the company a “buy” rating in a report on Monday, December 3rd.

HFG stock traded down €0.18 ($0.21) during midday trading on Monday, hitting €7.92 ($9.21). 167,310 shares of the company’s stock were exchanged, compared to its average volume of 33,734. Hellofresh has a one year low of €8.86 ($10.30) and a one year high of €14.00 ($16.28).

About Hellofresh

HelloFresh SE delivers meal kit solutions to prepare home-cooked meals each week using its recipes. It operates in the United States, the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, Australia, Austria, Switzerland, and Canada. The company operates under the HelloFresh brand. HelloFresh SE was founded in 2011 and is headquartered in Berlin, Germany.

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Analyst Recommendations for Hellofresh (ETR:HFG)

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