Hilton Food Group (LON:HFG) Stock Price Down 10.8% – Should You Sell?

Shares of Hilton Food Group plc (LON:HFGGet Free Report) traded down 10.8% during mid-day trading on Thursday . The company traded as low as GBX 447.89 and last traded at GBX 458.72. 26,305,262 shares were traded during mid-day trading, an increase of 1,460% from the average session volume of 1,685,976 shares. The stock had previously closed at GBX 514.

Key Stories Impacting Hilton Food Group

Here are the key news stories impacting Hilton Food Group this week:

Analyst Ratings Changes

Several analysts have issued reports on HFG shares. Royal Bank Of Canada dropped their target price on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating for the company in a report on Wednesday, November 12th. Berenberg Bank cut their price objective on shares of Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Peel Hunt reaffirmed a “hold” rating and set a GBX 670 target price on shares of Hilton Food Group in a research note on Tuesday, November 25th. Finally, Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 666.67.

Check Out Our Latest Stock Analysis on HFG

Hilton Food Group Price Performance

The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11. The stock’s 50-day moving average is GBX 500.10 and its two-hundred day moving average is GBX 640.57. The stock has a market cap of £422.79 million, a PE ratio of 10.93, a PEG ratio of 17.31 and a beta of 0.57.

Hilton Food Group Company Profile

(Get Free Report)

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. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.

We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.

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