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Deutsche Bank Sticks to Their Hold Rating for HelloFresh SE (HFG)

Tipranks - Tipranks - Fri May 8, 7:24AM CDT

Deutsche Bank analyst Nizla Naizer maintained a Hold rating on HelloFresh SE today and set a price target of €5.00.

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According to TipRanks, Naizer is ranked #1569 out of 12173 analysts.

In addition to Deutsche Bank , HelloFresh SE also received a Hold from J.P. Morgan’s Marcus Diebel in a report issued yesterday. However, today, Berenberg Bank maintained a Buy rating on HelloFresh SE (XETRA: HFG).

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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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