HelloFresh SE (HFG) was downgraded to a Hold Rating at UBS

HelloFresh SE received a Hold rating and a €4.70 price target from UBS analyst Joseph Barnet-Lamb today.

Claim 55% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Barnet-Lamb is an analyst with an average return of -2.5% and a 49.03% success rate. Barnet-Lamb covers the Consumer Cyclical sector, focusing on stocks such as HelloFresh SE, Delivery Hero SE, and AUTO1 Group SE.

In addition to UBS, HelloFresh SE also received a Hold from Deutsche Bank ‘s Nizla Naizer in a report issued yesterday. However, on the same day, Berenberg Bank maintained a Buy rating on HelloFresh SE (XETRA: HFG).

Based on HelloFresh SE’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €1.55 billion and a net profit of €67.1 million. In comparison, last year the company earned a revenue of €1.81 billion and had a GAAP net loss of €28.2 million

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HFG in relation to earlier this year.