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HelloFresh SE (HFG) Gets a Hold from Barclays

Tipranks - Thu Mar 19, 10:14AM CDT

Barclays analyst Andrew Ross maintained a Hold rating on HelloFresh SE today and set a price target of €4.40.

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Ross covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, HelloFresh SE, and Trainline. According to TipRanks, Ross has an average return of 1.6% and a 46.67% success rate on recommended stocks.

In addition to Barclays, HelloFresh SE also received a Hold from J.P. Morgan’s Marcus Diebel in a report issued today. However, on the same day, UBS maintained a Buy rating on HelloFresh SE (XETRA: HFG).

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

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