HelloFresh (OTCMKTS:HLFFF – Get Rating) had its target price dropped by stock analysts at JPMorgan Chase & Co. from €47.00 ($50.54) to €40.00 ($43.01) in a report released on Tuesday, The Fly reports.
Other equities analysts also recently issued reports about the stock. Morgan Stanley lowered their target price on shares of HelloFresh from €79.00 ($84.95) to €78.00 ($83.87) and set an “equal weight” rating on the stock in a report on Wednesday, March 23rd. Exane BNP Paribas upgraded shares of HelloFresh from an “underperform” rating to a “neutral” rating in a report on Wednesday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of HelloFresh from €110.00 ($118.28) to €89.00 ($95.70) and set a “buy” rating on the stock in a report on Friday, March 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, HelloFresh has an average rating of “Buy” and an average price target of $80.00.
Shares of HLFFF stock traded down $2.07 during trading on Tuesday, reaching $38.69. The company’s stock had a trading volume of 249 shares, compared to its average volume of 2,476. HelloFresh has a one year low of $37.23 and a one year high of $114.91. The business has a fifty day moving average price of $46.48 and a 200-day moving average price of $69.43.
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.
- Get a free copy of the StockNews.com research report on HelloFresh (HLFFF)
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