Blue Apron Holdings Inc (NASDAQ:APRN)‘s stock had its “sector weight” rating reiterated by equities researchers at KeyCorp in a note issued to investors on Monday.

A number of other research firms have also recently weighed in on APRN. CIBC began coverage on shares of Blue Apron Holdings in a research note on Monday, July 24th. They set an “outperform” rating and a $11.00 target price on the stock. Citigroup Inc. began coverage on shares of Blue Apron Holdings in a research note on Tuesday, July 25th. They set a “buy” rating and a $10.00 target price on the stock. SunTrust Banks, Inc. began coverage on shares of Blue Apron Holdings in a research note on Monday, July 24th. They set a “buy” rating and a $12.00 target price on the stock. William Blair began coverage on shares of Blue Apron Holdings in a research note on Monday, July 24th. They set a “market perform” rating on the stock. Finally, Raymond James Financial, Inc. began coverage on shares of Blue Apron Holdings in a research note on Monday, July 24th. They set a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $7.67.

Blue Apron Holdings (APRN) remained flat at $6.06 on Monday. The company’s stock had a trading volume of 429,988 shares. The stock has a 50-day moving average of $5.59 and a 200 day moving average of $6.33. The company’s market cap is $182.06 million. Blue Apron Holdings has a 12 month low of $5.00 and a 12 month high of $11.00.

Blue Apron Holdings (NASDAQ:APRN) last released its earnings results on Thursday, August 10th. The company reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.21). The company had revenue of $238.10 million for the quarter, compared to the consensus estimate of $235.78 million. The business’s revenue was up 17.9% on a year-over-year basis. Equities research analysts predict that Blue Apron Holdings will post ($1.60) earnings per share for the current year.

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Hedge funds and other institutional investors have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale bought a new stake in Blue Apron Holdings in the 2nd quarter valued at $220,000. JPMorgan Chase & Co. bought a new stake in Blue Apron Holdings in the 2nd quarter valued at $31,439,000. Victory Capital Management Inc. bought a new stake in Blue Apron Holdings in the 2nd quarter valued at $14,010,000. LMR Partners LLP bought a new stake in Blue Apron Holdings in the 2nd quarter valued at $2,195,000. Finally, Oak Ridge Investments LLC bought a new stake in Blue Apron Holdings in the 2nd quarter valued at $934,000.

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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