Hilton Food Group plc’s (HFG) Buy Rating Reaffirmed at Shore Capital
A number of other research analysts have also commented on the company. Peel Hunt reaffirmed a buy rating and issued a GBX 825 ($10.85) price objective on shares of Hilton Food Group plc in a report on Thursday, July 20th. Investec upped their price objective on Hilton Food Group plc from GBX 812 ($10.68) to GBX 815 ($10.72) and gave the company a buy rating in a report on Wednesday, September 13th. Numis Securities Ltd reaffirmed a buy rating and issued a GBX 830 ($10.92) price objective (up from GBX 804 ($10.57)) on shares of Hilton Food Group plc in a report on Thursday, August 24th. Finally, Panmure Gordon reaffirmed a buy rating and issued a GBX 825 ($10.85) price objective on shares of Hilton Food Group plc in a report on Tuesday, October 3rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of GBX 833 ($10.96).
Shares of Hilton Food Group plc (LON HFG) traded down GBX 10 ($0.13) during midday trading on Wednesday, reaching GBX 859.50 ($11.30). The company’s stock had a trading volume of 13,759 shares, compared to its average volume of 42,427. Hilton Food Group plc has a 52-week low of GBX 550 ($7.23) and a 52-week high of GBX 900 ($11.84).
The business also recently announced a dividend, which will be paid on Friday, December 1st. Stockholders of record on Thursday, November 2nd will be given a dividend of GBX 5 ($0.07) per share. The ex-dividend date is Thursday, November 2nd. This represents a dividend yield of 0.67%.
In other news, insider Robert Watson sold 100,000 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of GBX 870 ($11.44), for a total transaction of £870,000 ($1,144,285.15).
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.
Receive News & Ratings for Hilton Food Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Food Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.