HelloFresh SE (HFG) Receives a Hold from Deutsche Bank
In a report released today, Nizla Naizer from Deutsche Bank maintained a Hold rating on HelloFresh SE, with a price target of €7.70.
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Naizer covers the Services sector, focusing on stocks such as Scout24, Stroeer SE & Co. KGaA, and ProSiebenSat.1 Media SE. According to TipRanks, Naizer has an average return of 14.4% and a 41.38% success rate on recommended stocks.
In a report released on December 3, J.P. Morgan also maintained a Hold rating on the stock with a €6.00 price target.
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.
