Investment analysts at Canaccord Genuity started coverage on shares of Blue Apron Holdings Inc (NASDAQ:APRN) in a research report issued on Monday. The brokerage set a “buy” rating on the stock.
APRN has been the subject of several other research reports. Northcoast Research started coverage on Blue Apron Holdings in a report on Tuesday, July 11th. They set a “sell” rating and a $2.00 price objective for the company. Needham & Company LLC started coverage on Blue Apron Holdings in a report on Monday. They set a “buy” rating and a $10.00 price objective for the company. SunTrust Banks, Inc. started coverage on Blue Apron Holdings in a report on Monday. They set a “buy” rating for the company. William Blair reissued a “market perform” rating on shares of Blue Apron Holdings in a report on Monday. Finally, Royal Bank Of Canada started coverage on Blue Apron Holdings in a report on Monday. They set an “outperform” rating and a $10.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.00.
Shares of Blue Apron Holdings (NASDAQ APRN) opened at 6.55 on Monday. Blue Apron Holdings has a 1-year low of $6.23 and a 1-year high of $11.00. The stock has a 50 day moving average of $7.82 and a 200-day moving average of $7.82. The firm’s market capitalization is $196.78 million.
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About Blue Apron Holdings
Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.
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