Berenberg Bank Reiterates “€16.00” Price Target for Hellofresh (ETR:HFG)

Berenberg Bank set a €16.00 ($18.60) price objective on Hellofresh (ETR:HFG) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently commented on HFG. Barclays set a €14.00 ($16.28) target price on shares of Hellofresh and gave the company a buy rating in a report on Tuesday, May 14th. JPMorgan Chase & Co. set a €14.00 ($16.28) target price on shares of Hellofresh and gave the company a buy rating in a report on Tuesday. Finally, Deutsche Bank set a €15.00 ($17.44) target price on shares of Hellofresh and gave the company a buy rating in a report on Monday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Hellofresh currently has an average rating of Buy and an average target price of €14.60 ($16.98).

Shares of Hellofresh stock opened at €10.10 ($11.74) on Tuesday. The firm’s fifty day simple moving average is €8.77 and its 200-day simple moving average is €8.77. The stock has a market capitalization of $1.66 billion and a price-to-earnings ratio of -19.73. Hellofresh has a 12 month low of €5.83 ($6.77) and a 12 month high of €13.63 ($15.85). The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 1.00.

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.

Featured Article: What Are Treasury Bonds?

Analyst Recommendations for Hellofresh (ETR:HFG)

Receive News & Ratings for Hellofresh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hellofresh and related companies with MarketBeat.com's FREE daily email newsletter.