Numis Securities Ltd Increases Hilton Food Group plc (HFG) Price Target to GBX 766
Hilton Food Group plc (LON:HFG) had its price target upped by stock analysts at Numis Securities Ltd from GBX 729 ($9.52) to GBX 766 ($10.00) in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 22.76% from the stock’s previous close.
Several other analysts have also weighed in on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 650 ($8.48) target price on shares of Hilton Food Group plc in a research note on Thursday, July 21st. Panmure Gordon reissued a “buy” rating and set a GBX 715 ($9.33) price target on shares of Hilton Food Group plc in a report on Tuesday, June 7th. Finally, Investec boosted their price target on shares of Hilton Food Group plc from GBX 650 ($8.48) to GBX 660 ($8.62) and gave the company a “buy” rating in a report on Wednesday, September 14th. Six analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of GBX 683.20 ($8.92).
Hilton Food Group plc (LON:HFG) opened at 624.50 on Tuesday. The firm’s 50-day moving average is GBX 585.09 and its 200 day moving average is GBX 566.44. Hilton Food Group plc has a 12-month low of GBX 455.00 and a 12-month high of GBX 625.00. The stock’s market capitalization is GBX 456.94 million.
The business also recently disclosed a dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, November 3rd will be issued a GBX 4.60 ($0.06) dividend. The ex-dividend date is Thursday, November 3rd. This represents a yield of 0.78%. This is an increase from Hilton Food Group plc’s previous dividend of $1.30.
In related news, insider Watson,Robert sold 5,000 shares of the company’s stock in a transaction dated Tuesday, July 12th. The shares were sold at an average price of GBX 582 ($7.60), for a total value of £29,100 ($37,984.60).
About Hilton Food Group plc
Hilton Food Group plc is a United Kingdom-based retail meat packing company. The Company operates through three segments: Western Europe, Central Europe, and Central costs and other. The Western Europe segment covers its businesses in the United Kingdom, Ireland, Holland, Sweden and Denmark. In Central Europe, its meat packing business, based at Tychy in Poland, supplies customers across Central Europe, from Hungary to the Baltics.
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