Equities research analysts at UBS Group assumed coverage on shares of Tattooed Chef (NASDAQ:TTCF – Get Rating) in a research report issued on Friday, The Fly reports. The firm set a "neutral" rating and a $6.00 price target on the stock. UBS Group's target price points to a potential upside of 19.76% from the company's previous close.

Other equities research analysts have also recently issued research reports about the stock. Roth Capital cut shares of Tattooed Chef from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $12.00 to $9.00 in a research report on Tuesday, August 9th. Cowen cut their target price on shares of Tattooed Chef from $13.00 to $10.00 and set an "outperform" rating for the company in a report on Monday, August 15th. Finally, Cowen cut their target price on shares of Tattooed Chef from $13.00 to $10.00 and set an "outperform" rating for the company in a report on Monday, August 15th.

Tattooed Chef Stock Performance

Shares of NASDAQ TTCF opened at $5.01 on Friday. The firm's 50-day moving average price is $6.49 and its 200-day moving average price is $7.71. The company has a quick ratio of 1.44, a current ratio of 2.71 and a debt-to-equity ratio of 0.01. The company has a market cap of $413.12 million, a PE ratio of -6.19 and a beta of 0.53. Tattooed Chef has a 52-week low of $4.92 and a 52-week high of $19.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TTCF. Atria Wealth Solutions Inc. purchased a new position in Tattooed Chef during the second quarter worth $1,895,000. Davy Global Fund Management Ltd boosted its stake in shares of Tattooed Chef by 18.2% during the first quarter. Davy Global Fund Management Ltd now owns 665,107 shares of the company's stock valued at $8,367,000 after purchasing an additional 102,569 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Tattooed Chef during the second quarter valued at $584,000. JPMorgan Chase & Co. boosted its stake in shares of Tattooed Chef by 7,473.3% during the second quarter. JPMorgan Chase & Co. now owns 87,472 shares of the company's stock valued at $552,000 after purchasing an additional 86,317 shares during the period. Finally, SG Americas Securities LLC boosted its stake in shares of Tattooed Chef by 59.0% during the second quarter. SG Americas Securities LLC now owns 200,377 shares of the company's stock valued at $1,262,000 after purchasing an additional 74,333 shares during the period. 16.66% of the stock is owned by hedge funds and other institutional investors.

About Tattooed Chef

(Get Rating)

Tattooed Chef, Inc, a plant-based food company, produces and sells a portfolio of frozen foods. It supplies plant-based products to retailers in the United States. The company offers ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, and plant-based burgers.

See Also

• Get a free copy of the StockNews.com research report on Tattooed Chef (TTCF)
• Thor Industries Hammers Out A Bottom
• Let Paychex Stock Work Hard For You
• How Does Keurig Dr Pepper Compare To Larger Rivals Coke & Pepsi?
• Declining Profits Challenge the CarMax Value Proposition
• Humana Proves Vertically Integrated Healthcare Works

Receive News & Ratings for Tattooed Chef Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tattooed Chef and related companies with MarketBeat.com's FREE daily email newsletter.