Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

J.P. Morgan Sticks to Their Hold Rating for HelloFresh SE (HFG)

Tipranks - Fri Feb 13, 5:38AM CST

J.P. Morgan analyst Marcus Diebel maintained a Hold rating on HelloFresh SE today and set a price target of €6.00.

Valentine's Day Sale - 70% Off

According to TipRanks, Diebel is an analyst with an average return of -3.6% and a 38.93% success rate. Diebel covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, AUTO1 Group SE, and HelloFresh SE.

In addition to J.P. Morgan, HelloFresh SE also received a Hold from Barclays’s Andrew Ross 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.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.