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UBS Remains a Buy on HelloFresh SE (HFG)

Tipranks - Tipranks - Tue Mar 24, 9:42AM CDT

UBS analyst Joseph Barnet-Lamb maintained a Buy rating on HelloFresh SE today and set a price target of €6.10.

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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 HelloFresh SE, Delivery Hero 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 March 21, TipRanks – OpenAI reiterated a Hold rating on HelloFresh SE (XETRA: HFG).

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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 6 insiders, corporate insider sentiment is neutral on the stock.

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