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Berenberg Bank Sticks to Their Buy Rating for HelloFresh SE (HFG)

Tipranks - Tipranks - Thu Jun 18, 1:19AM CDT

Berenberg Bank analyst Trion Reid maintained a Buy rating on HelloFresh SE today and set a price target of €9.00.

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According to TipRanks, Reid is ranked #4256 out of 12255 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for HelloFresh SE with a €5.37 average price target.

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Based on HelloFresh SE’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €1.68 billion and a GAAP net loss of €55.5 million. In comparison, last year the company earned a revenue of €1.93 billion and had a GAAP net loss of €123.8 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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