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.

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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.

Analyst Recommendations for Blue Apron Holdings (NASDAQ:APRN)

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