Blue Apron Holdings Inc (NASDAQ:APRN) Now Covered by Northcoast Research
Northcoast Research assumed coverage on shares of Blue Apron Holdings Inc (NASDAQ:APRN) in a report released on Tuesday, July 11th, Marketbeat reports. The firm issued a sell rating and a $2.00 target price on the stock. Northcoast Research also issued estimates for Blue Apron Holdings’ Q2 2017 earnings at ($0.16) EPS, Q3 2017 earnings at ($0.13) EPS, Q4 2017 earnings at ($0.11) EPS, FY2017 earnings at ($0.68) EPS and FY2018 earnings at ($0.48) EPS.
Shares of Blue Apron Holdings (NASDAQ APRN) opened at 5.83 on Tuesday. Blue Apron Holdings has a 52 week low of $5.70 and a 52 week high of $11.00. The stock’s market capitalization is $175.15 million.
Several hedge funds have recently modified their holdings of the stock. Legal & General Group Plc purchased a new stake in shares of Blue Apron Holdings during the second quarter valued at about $187,000. SG Americas Securities LLC bought a new position in shares of Blue Apron Holdings during the second quarter valued at $264,000. LMR Partners LLP acquired a new position in Blue Apron Holdings during the second quarter valued at approximately $2,195,000. Obermeyer Wood Investment Counsel Lllp acquired a new position in Blue Apron Holdings during the second quarter valued at approximately $110,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in Blue Apron Holdings during the second quarter valued at approximately $220,000.
Blue Apron Holdings Company Profile
Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.
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