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Barclays Keeps Their Hold Rating on HelloFresh SE (HFG)

Tipranks - Tipranks - Sat Jan 31, 5:37AM CST

In a report released today, Andrew Ross from Barclays maintained a Hold rating on HelloFresh SE, with a price target of €6.50.

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According to TipRanks, Ross is a 4-star analyst with an average return of 3.8% and a 50.99% success rate. Ross covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, HelloFresh SE, and EDreams ODIGEO.

In a report released on January 26, J.P. Morgan also maintained a Hold rating on the stock with a €6.00 price target.

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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 neutral on the stock.

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