HelloFresh (OTCMKTS:HLFFF) Receives New Coverage from Analysts at The Goldman Sachs Group

The Goldman Sachs Group initiated coverage on shares of HelloFresh (OTCMKTS:HLFFFGet Rating) in a research note published on Sunday morning, The Fly reports. The brokerage issued a buy rating on the stock.

A number of other brokerages have also recently weighed in on HLFFF. Credit Suisse Group dropped their price objective on shares of HelloFresh from €84.00 ($86.60) to €58.00 ($59.79) and set an outperform rating for the company in a research note on Monday, July 25th. JPMorgan Chase & Co. dropped their price objective on shares of HelloFresh from €35.00 ($36.08) to €23.00 ($23.71) and set a neutral rating for the company in a research note on Tuesday, October 18th. Morgan Stanley dropped their price objective on shares of HelloFresh from €34.00 ($35.05) to €32.00 ($32.99) and set an equal weight rating for the company in a research note on Friday, October 28th. Barclays decreased their target price on shares of HelloFresh from €44.00 ($45.36) to €40.00 ($41.24) and set an overweight rating on the stock in a research report on Tuesday, October 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of HelloFresh from €54.00 ($55.67) to €47.00 ($48.45) in a research report on Monday, October 31st. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and an average target price of $43.33.

HelloFresh Price Performance

Shares of HLFFF opened at $26.84 on Friday. The firm has a 50 day simple moving average of $23.04 and a 200-day simple moving average of $28.67. HelloFresh has a 1-year low of $20.32 and a 1-year high of $108.00.

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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Analyst Recommendations for HelloFresh (OTCMKTS:HLFFF)

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