J.P. Morgan Sticks to Its Hold Rating for HelloFresh SE (HFG)
J.P. Morgan analyst Marcus Diebel maintained a Hold rating on HelloFresh SE today and set a price target of €6.00.
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According to TipRanks, Diebel is an analyst with an average return of -3.9% and a 40.00% success rate. Diebel covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, HelloFresh SE, and AUTO1 Group SE.
Currently, the analyst consensus on HelloFresh SE is a Moderate Buy with an average price target of €10.21.
Based on HelloFresh SE’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €1.7 billion and a net profit of €13.3 million. In comparison, last year the company earned a revenue of €1.95 billion and had a net profit of €9.1 million
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is neutral on the stock.
