Barclays Reiterates €27.50 Price Target for Hellofresh (ETR:HFG)

Barclays set a €27.50 ($31.98) price objective on Hellofresh (ETR:HFG) in a research report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently weighed in on HFG. Kepler Capital Markets set a €16.30 ($18.95) price objective on Hellofresh and gave the company a neutral rating in a research report on Wednesday, March 4th. Morgan Stanley set a €17.00 ($19.77) price objective on Hellofresh and gave the company a neutral rating in a research report on Thursday, November 28th. Berenberg Bank set a €27.00 ($31.40) price objective on Hellofresh and gave the company a buy rating in a research report on Wednesday, March 4th. JPMorgan Chase & Co. set a €25.00 ($29.07) price objective on Hellofresh and gave the company a buy rating in a research report on Friday, March 20th. Finally, Deutsche Bank set a €28.00 ($32.56) price objective on Hellofresh and gave the company a buy rating in a research report on Wednesday, March 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of €24.30 ($28.26).

Hellofresh stock opened at €25.95 ($30.17) on Monday. The stock’s 50 day simple moving average is €22.83 and its two-hundred day simple moving average is €18.66. The company has a debt-to-equity ratio of 52.34, a quick ratio of 1.04 and a current ratio of 1.32. The stock has a market cap of $4.28 billion and a price-to-earnings ratio of -418.55. Hellofresh has a fifty-two week low of €7.88 ($9.16) and a fifty-two week high of €27.85 ($32.38).

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 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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Analyst Recommendations for Hellofresh (ETR:HFG)

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