HelloFresh (ETR:HFG) Given a €32.00 Price Target by Sanford C. Bernstein Analysts

HelloFresh (ETR:HFGGet Rating) received a €32.00 ($34.41) target price from research analysts at Sanford C. Bernstein in a research note issued to investors on Tuesday, Borsen Zeitung reports. Sanford C. Bernstein’s price objective would suggest a potential downside of 15.66% from the company’s previous close.

Other analysts have also issued research reports about the company. Berenberg Bank set a €75.00 ($80.65) price objective on HelloFresh in a report on Wednesday, March 9th. JPMorgan Chase & Co. set a €47.00 ($50.54) price objective on HelloFresh in a report on Tuesday, March 8th. Deutsche Bank Aktiengesellschaft set a €89.00 ($95.70) price objective on HelloFresh in a report on Friday, March 18th. Oddo Bhf set a €88.00 ($94.62) price objective on HelloFresh in a report on Thursday, February 17th. Finally, Barclays set a €90.00 ($96.77) price objective on HelloFresh in a report on Tuesday, April 5th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of €75.71 ($81.41).

Shares of ETR HFG opened at €37.94 ($40.80) on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.40 and a debt-to-equity ratio of 51.50. The business’s 50 day moving average is €42.82 and its two-hundred day moving average is €62.49. The company has a market cap of $6.59 billion and a P/E ratio of 26.76. HelloFresh has a 12 month low of €33.41 ($35.92) and a 12 month high of €97.50 ($104.84).

About HelloFresh (Get Rating)

HelloFresh SE delivers meal kit solutions to prepare home-cooked meals using its recipes. The company offers premium meals, double portions, and others, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It also sells meal-kits through vending machines.

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