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Jefferies Sticks to Their Buy Rating for HelloFresh SE (HFG)

Tipranks - Tue Mar 24, 3:02AM CDT

In a report released today, Giles Thorne from Jefferies maintained a Buy rating on HelloFresh SE, with a price target of €8.35.

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According to TipRanks, Thorne is an analyst with an average return of -2.3% and a 38.17% success rate. Thorne covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, HelloFresh SE, and AUTO1 Group SE.

In addition to Jefferies, HelloFresh SE also received a Buy from Berenberg Bank’s Trion Reid in a report issued on March 19. However, on March 21, TipRanks – Anthropic reiterated a Sell rating on HelloFresh SE (XETRA: HFG).

Based on HelloFresh SE’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €1.55 billion and a net profit of €67.1 million. In comparison, last year the company earned a revenue of €1.81 billion and had a GAAP net loss of €28.2 million

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is neutral on the stock.

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