Hellofresh (ETR:HFG) received a €14.00 ($16.28) price target from equities research analysts at Barclays in a note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Barclays‘s target price would indicate a potential upside of 52.84% from the company’s previous close.
Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Hellofresh in a research note on Friday, January 18th. Berenberg Bank set a €16.00 ($18.60) price objective on shares of Hellofresh and gave the stock a “buy” rating in a research note on Friday, January 18th. Finally, Deutsche Bank set a €15.00 ($17.44) price objective on shares of Hellofresh and gave the stock a “buy” rating in a research note on Monday, January 21st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of €14.80 ($17.21).
HFG stock opened at €9.16 ($10.65) on Tuesday. Hellofresh has a 1 year low of €5.83 ($6.77) and a 1 year high of €15.00 ($17.44). The stock has a market capitalization of $1.47 billion and a P/E ratio of -17.89. The company has a quick ratio of 1.00, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.
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 seasonal meal-kits, including a Christmas and Thanksgiving boxes; and wines and snacks. It also sells meal-kits through the retail supermarket channel, as well as vending machines.
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