Berenberg Bank Lowers Hilton Food Group (LON:HFG) Price Target to GBX 1,090

Hilton Food Group (LON:HFG) had its price objective cut by Berenberg Bank from GBX 1,100 to GBX 1,090 in a report released on Friday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 64.00% from the stock’s current price.

HFG has been the subject of several other reports. Royal Bank Of Canada decreased their price target on Hilton Food Group from GBX 1,050 to GBX 750 and set a “sector perform” rating for the company in a report on Wednesday, September 3rd. Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a report on Tuesday, September 30th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 920.

Hilton Food Group Stock Performance

Shares of Hilton Food Group stock opened at GBX 664.64 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. Hilton Food Group has a 52 week low of GBX 638 and a 52 week high of GBX 969. The firm’s 50 day moving average is GBX 759.65 and its two-hundred day moving average is GBX 828.42. The firm has a market capitalization of £597.54 million, a P/E ratio of 1,545.67, a P/E/G ratio of 17.31 and a beta of 0.57.

Hilton Food Group (LON:HFG) last released its quarterly earnings results on Wednesday, September 3rd. The company reported GBX 26.50 EPS for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. Research analysts forecast that Hilton Food Group will post 62.3340321 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Steve Murrells acquired 12,049 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The shares were acquired at an average price of GBX 659 per share, with a total value of £79,402.91. Company insiders own 4.34% of the company’s stock.

Hilton Food Group Company Profile

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals.