HelloFresh (ETR:HFG – Get Rating) received a €46.00 ($47.92) target price from research analysts at Morgan Stanley in a research note issued to investors on Friday, Borsen Zeitung reports. Morgan Stanley’s price objective suggests a potential upside of 66.55% from the stock’s previous close.
A number of other research analysts also recently issued reports on the company. JPMorgan Chase & Co. set a €37.00 ($38.54) price target on HelloFresh in a research note on Friday, June 10th. Deutsche Bank Aktiengesellschaft set a €89.00 ($92.71) price target on HelloFresh in a research note on Friday, March 18th. Sanford C. Bernstein set a €31.00 ($32.29) price target on HelloFresh in a research note on Thursday, May 26th. Barclays set a €90.00 ($93.75) target price on HelloFresh in a research note on Wednesday, June 1st. Finally, Oddo Bhf set a €88.00 ($91.67) target price on HelloFresh in a research note on Thursday, February 17th.
ETR:HFG traded down €2.24 ($2.33) during mid-day trading on Friday, reaching €27.62 ($28.77). 1,842,031 shares of the stock were exchanged, compared to its average volume of 33,734. The company has a 50 day simple moving average of €36.11 and a 200-day simple moving average of €48.39. The stock has a market capitalization of $4.80 billion and a P/E ratio of 27.21. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 54.66. HelloFresh has a 1 year low of €31.13 ($32.43) and a 1 year high of €97.50 ($101.56).
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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