HelloFresh SE (OTCMKTS:HLFFF) Receives $45.67 Average PT from Brokerages

HelloFresh SE (OTCMKTS:HLFFF – Get Rating) has received a consensus rating of “Hold” from the eight research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $45.67.

HLFFF has been the topic of a number of research reports. Barclays lowered shares of HelloFresh from an “overweight” rating to an “equal weight” rating in a research note on Monday, January 30th. Morgan Stanley decreased their target price on shares of HelloFresh from €32.00 ($34.41) to €30.00 ($32.26) and set an “equal weight” rating on the stock in a research note on Wednesday, January 4th. JPMorgan Chase & Co. lowered shares of HelloFresh from a “neutral” rating to an “underweight” rating in a research report on Friday, February 10th. The Goldman Sachs Group initiated coverage on shares of HelloFresh in a research report on Sunday, November 20th. They set a “buy” rating on the stock. Finally, Credit Suisse Group lowered shares of HelloFresh from an “outperform” rating to a “neutral” rating in a research report on Wednesday, February 8th.

HelloFresh Trading Down 8.4 %

HLFFF stock opened at $16.85 on Thursday. HelloFresh has a 12-month low of $16.85 and a 12-month high of $52.12. The business’s 50-day moving average is $24.06 and its 200 day moving average is $23.76.

About HelloFresh

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HelloFresh SE engages in the provision of personalized meal solutions. It operates through the following segments: United States of America (USA), International, and Holding. The International segment comprises Australia, Austria, Belgium, Canada, Germany, the Netherlands, Switzerland, and the United Kingdom.