Reaffirmed: Blue Apron Holdings Inc (APRN) Hold Rating Reaffirmed by Analysts at SunTrust Robinson; $4.0 Target in Place

March 14, 2018 - By Hazel Jackson

 Reaffirmed: Blue Apron Holdings Inc (APRN) Hold Rating Reaffirmed by Analysts at SunTrust Robinson; $4.0 Target in Place

Blue Apron Holdings Inc (APRN) Rating Reaffirmed

SunTrust Robinson now has a $4.0 PT on the $413.40M market cap company or 85.19 % upside potential. In analysts note published on 30 November, Blue Apron Holdings Inc (APRN) shares have had their Hold Rating maintained by professional analysts at SunTrust Robinson.

Blue Apron Holdings, Inc. (NYSE:APRN) Ratings Coverage

Among 16 analysts covering Blue Apron (APRN), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Blue Apron has $14 highest and $2 lowest target. $6.36’s average target is 194.44% above currents $2.16 stock price. Blue Apron had 39 analyst reports since July 11, 2017 according to SRatingsIntel. The firm has “Buy” rating by Canaccord Genuity given on Friday, November 3. On Monday, December 4 the stock rating was upgraded by Barclays Capital to “Equal-Weight”. The rating was maintained by Barclays Capital on Friday, August 11 with “Equal-Weight”. The firm has “Hold” rating given on Thursday, November 2 by Stifel Nicolaus. On Tuesday, February 13 the stock rating was maintained by SunTrust with “Hold”. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, February 14. As per Thursday, August 10, the company rating was downgraded by Goldman Sachs. Barclays Capital downgraded the shares of APRN in report on Friday, November 3 to “Underweight” rating. As per Tuesday, February 13, the company rating was maintained by RBC Capital Markets. The rating was downgraded by SunTrust on Friday, August 11 to “Hold”.

The stock increased 0.47% or $0.01 during the last trading session, reaching $2.16. About 3.35M shares traded or 5.69% up from the average. Blue Apron Holdings, Inc. (APRN) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Blue Apron Holdings, Inc. (NYSE:APRN) to report earnings on May, 8. After $-0.20 actual earnings per share reported by Blue Apron Holdings, Inc. for the previous quarter, Wall Street now forecasts 25.00 % negative EPS growth.

Blue Apron Holdings, Inc. operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible. The company has market cap of $413.40 million. It provides original recipes with the pre-portioned ingredients to complement tastes and lifestyles of college graduates, young couples, families, singles, and empty nesters. It currently has negative earnings. The firm also offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals; and sells beef, poultry, and lamb products under the BN Ranch brand name.

More notable recent Blue Apron Holdings, Inc. (NYSE:APRN) news were published by: which released: “Blue Apron: No Closer To Recovery Than Before” on February 17, 2018, also with their article: “Blue Apron Holdings Inc Stock Surges on Q4 Earnings Beat” published on February 13, 2018, published: “Why Blue Apron Holding Inc. Stock Slipped Today” on March 05, 2018. More interesting news about Blue Apron Holdings, Inc. (NYSE:APRN) were released by: and their article: “Is Blue Apron Holdings Inc. Headed to Zero?” published on March 14, 2018 as well as‘s news article titled: “Why Blue Apron Holding Inc Stock Got Crushed Today” with publication date: March 08, 2018.

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