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HelloFresh SE (HFG) Gets a Hold from Barclays

Tipranks - Thu May 7, 2:36AM CDT

Barclays analyst Andrew Ross maintained a Hold rating on HelloFresh SE today and set a price target of €4.40.

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Ross covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, HelloFresh SE, and AUTO1 Group SE. According to TipRanks, Ross has an average return of 2.9% and a 49.34% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for HelloFresh SE with a €5.71 average price target.

Based on HelloFresh SE’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €1.55 billion and a net profit of €67.1 million. In comparison, last year the company earned a revenue of €1.81 billion and had a GAAP net loss of €28.2 million

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HFG in relation to earlier this year.

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