HelloFresh SE (OTCMKTS:HLFFF) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of HelloFresh SE (OTCMKTS:HLFFFGet Rating) have received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $52.33.

Several equities research analysts have issued reports on HLFFF shares. Cheuvreux downgraded shares of HelloFresh from a “buy” rating to a “hold” rating in a research report on Thursday, July 21st. Credit Suisse Group decreased their price objective on shares of HelloFresh from €84.00 ($86.60) to €58.00 ($59.79) and set an “outperform” rating on the stock in a research note on Monday, July 25th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of HelloFresh from €89.00 ($91.75) to €70.00 ($72.16) and set a “buy” rating on the stock in a research note on Monday, June 27th. Morgan Stanley cut their target price on shares of HelloFresh from €46.00 ($47.42) to €35.00 ($36.08) and set an “equal weight” rating on the stock in a research report on Friday, July 22nd. Finally, Barclays cut their target price on shares of HelloFresh from €70.00 ($72.16) to €54.00 ($55.67) in a research report on Friday, July 22nd.

HelloFresh Trading Up 0.6 %

Shares of OTCMKTS:HLFFF opened at $28.50 on Wednesday. HelloFresh has a 52-week low of $24.96 and a 52-week high of $114.91. The company has a 50-day simple moving average of $32.58 and a 200 day simple moving average of $42.88.

HelloFresh Company Profile

(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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Analyst Recommendations for HelloFresh (OTCMKTS:HLFFF)

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