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Jefferies Reaffirms Their Buy Rating on HelloFresh SE (HFG)

Tipranks - Fri Feb 13, 6:42AM CST

Jefferies analyst Giles Thorne maintained a Buy rating on HelloFresh SE today and set a price target of €15.00.

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According to TipRanks, Thorne is an analyst with an average return of -0.1% and a 41.34% success rate. Thorne covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, AUTO1 Group SE, and HelloFresh SE.

In addition to Jefferies, HelloFresh SE also received a Buy from UBS’s Joseph Barnet-Lamb in a report issued today. However, on the same day, Barclays maintained a Hold 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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