DZ BANK AG Remains a Hold on HelloFresh SE (HFG)
In a report released yesterday, Thomas Maul from DZ BANK AG maintained a Hold rating on HelloFresh SE. The company’s shares closed yesterday at €5.22.
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According to TipRanks, Maul is a 4-star analyst with an average return of 5.0% and a 50.30% success rate. Maul covers the Consumer Cyclical sector, focusing on stocks such as Zalando, PUMA SE NPV, and HelloFresh SE.
HelloFresh SE has an analyst consensus of Hold, with a price target consensus of €8.86, which is a 69.73% upside from current levels. In a report released on February 12, Barclays also maintained a Hold rating on the stock with a €6.50 price target.
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.
