Analysts rate Tattooed Chef Inc. (TTCF:NSD) with a Buy rating and a $10 target

STA Research
by: STA Research
Tattooed Chef Inc.

Analysts rate Tattooed Chef Inc. (TTCF:NSD) with a consensus Strong Buy rating with an average 12-months TTCF stock price target of $10 per share.

Based on the Tattooed Chef Inc. stock forecast from 3 analysts, the average analyst TTCF stock price target is USD 10.00 over the next 12 months. Tattooed Chef Inc’s average analyst rating is Buy. Stock Target Advisor’s own stock analysis of TTCF sock forecast is Very Bearish, which is based on 0 positive signals and 3 negative signals. At the last closing, Tattooed Chef stock price was USD 6.27Tattooed Chef stock price has changed by -1.79% over the past week, -0.28% over the past month and -67.28% over the last year.

About Tattooed Chef Inc. (TTCF:NSD):

Tattooed Chef Inc. is a market-leading manufacturer of innovative plant-based foods with a wide range of delicious and healthy goods. Ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, and cauliflower pizza crusts are a few of Tattooed Chef’s signature items that can be found in the frozen food sections of top retail food stores all over United States. Tattooed Chef is able to introduce new products on a constant basis because of its understanding of consumer lifestyle and food trends and dedication to innovation. Tattooed Chef offers delicious, accessible, and innovative goods to the expanding market of customers looking to live a plant-based lifestyle.

What we like:

There is nothing we particularly like about Tattooed Chef stock’s fundamentals.

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

High volatility

The total returns for Tattooed Chef stock are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The average income yield of Tattooed Chef stock over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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