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Barclays Sticks to Their Hold Rating for HelloFresh SE (HFG)

Tipranks - Fri Feb 13, 5:06AM CST

In a report released today, Andrew Ross from Barclays maintained a Hold rating on HelloFresh SE, with a price target of €6.50.

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Ross covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, HelloFresh SE, and EDreams ODIGEO. According to TipRanks, Ross has an average return of 2.7% and a 47.83% success rate on recommended stocks.

In addition to Barclays, HelloFresh SE also received a Hold from J.P. Morgan’s Marcus Diebel in a report issued today. However, on the same day, UBS maintained a Buy rating on HelloFresh SE (XETRA: HFG).

Based on HelloFresh SE’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €1.58 billion and a GAAP net loss of €49.2 million. In comparison, last year the company earned a revenue of €1.83 billion and had a GAAP net loss of €33.3 million

Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HFG in relation to earlier this year.

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