HelloFresh SE (OTCMKTS:HLFFF) Given Consensus Rating of “Buy” by Analysts

Shares of HelloFresh SE (OTCMKTS:HLFFFGet Rating) have earned an average recommendation of “Buy” from the ten analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $81.75.

HLFFF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reduced their price target on HelloFresh from €110.00 ($118.28) to €89.00 ($95.70) and set a “buy” rating for the company in a report on Friday, March 18th. Exane BNP Paribas upgraded HelloFresh from an “underperform” rating to a “neutral” rating in a report on Wednesday, March 2nd. JPMorgan Chase & Co. boosted their price objective on HelloFresh from €40.00 ($43.01) to €47.00 ($50.54) and gave the stock a “neutral” rating in a report on Friday. Finally, Morgan Stanley reduced their price objective on HelloFresh from €79.00 ($84.95) to €78.00 ($83.87) and set an “equal weight” rating for the company in a report on Wednesday, March 23rd.

Shares of OTCMKTS:HLFFF remained flat at $$38.36 during midday trading on Monday. The company had a trading volume of 81 shares, compared to its average volume of 2,399. The company’s fifty day moving average is $44.81 and its 200 day moving average is $68.31. HelloFresh has a twelve month low of $35.00 and a twelve month high of $114.91.

About HelloFresh (Get Rating)

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 add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It also sells meal-kits through vending machines.

Further Reading

Analyst Recommendations for HelloFresh (OTCMKTS:HLFFF)

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