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UBS Sticks to Its Buy Rating for HelloFresh SE (HFG)

Tipranks - Thu Mar 19, 6:14AM CDT

UBS analyst Joseph Barnet-Lamb maintained a Buy rating on HelloFresh SE today and set a price target of €10.80.

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According to TipRanks, Barnet-Lamb is an analyst with an average return of -4.2% and a 45.13% success rate. Barnet-Lamb covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, HelloFresh SE, and AUTO1 Group SE.

In addition to UBS, HelloFresh SE also received a Buy from Jefferies’s Giles Thorne in a report issued today. However, on the same day, J.P. Morgan maintained a Hold rating on HelloFresh SE (XETRA: HFG).

Based on HelloFresh SE’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €1.58 billion and a GAAP net loss of €49.2 million. In comparison, last year the company earned a revenue of €1.83 billion and had a GAAP net loss of €33.3 million

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