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Analyst pours fuel on the fire with negative study - European food suppliers clearly under pressure
According to a report from www.boerse.de, European food delivery companies came under pressure after Exane BNP Paribas analyst Andrew Gwynn published a negative study. Gwynn expressed doubts about the sector's profitability and downgraded shares of Hellofresh and Just Eat Takeaway to underperform. Delivery Hero and Deliveroo also did not receive positive reviews. The Exane BNP Paribas study has serious implications for the food delivery market in Europe. The negative reviews could affect investor confidence in the sector's profitability. This could lead to a decline in investment in these companies and further weigh on share prices. The loss...
Analyst pours fuel on the fire with negative study - European food suppliers clearly under pressure
According to a report by www.boerse.de, European food delivery companies came under pressure after Exane BNP Paribas analyst Andrew Gwynn published a negative study. Gwynn expressed doubts about the sector's profitability and downgraded shares of Hellofresh and Just Eat Takeaway to underperform. Delivery Hero and Deliveroo also did not receive positive reviews.
The Exane BNP Paribas study has serious implications for the food delivery market in Europe. The negative reviews could affect investor confidence in the sector's profitability. This could lead to a decline in investment in these companies and further weigh on share prices.
Loss of investor confidence could also limit financing options for these companies. If the negative market sentiment continues, potential mergers and acquisitions in the industry could also be at risk. It is important to monitor further developments closely as financial analyst ratings can have a significant impact on the market.
Read the source article at www.boerse.de