Several other equities research analysts have also recently issued reports on the company. Morgan Stanley set a €13.00 ($16.05) target price on Hellofresh and gave the stock a neutral rating in a research note on Thursday, February 15th. Berenberg Bank set a €14.50 ($17.90) price objective on Hellofresh and gave the company a buy rating in a research note on Thursday, February 1st. JPMorgan Chase reaffirmed a neutral rating and issued a price objective on shares of Hellofresh in a research note on Tuesday, January 30th. Finally, BNP Paribas set a €13.00 ($16.05) price objective on Hellofresh and gave the company a buy rating in a research note on Tuesday, December 12th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of €13.70 ($16.91).
HFG stock traded up €0.15 ($0.19) during midday trading on Thursday, hitting €13.68 ($16.89). 29,876 shares of the company’s stock were exchanged, compared to its average volume of 33,734. Hellofresh has a 1-year low of €8.86 ($10.94) and a 1-year high of €14.00 ($17.28).
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HelloFresh SE delivers pre-portioned ingredients that enable subscribers to prepare home-cooked meals each week using its recipes in Germany, the Netherlands, the United Kingdom, the United States, Canada, Switzerland, Australia, Austria, Belgium, and Luxembourg. It operates an Internet platform that provides customers the choice between various kinds of meals and recipes to be delivered on selected weekdays.
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