Hilton Food Group’s (HFG) House Stock Rating Reaffirmed at Shore Capital

Hilton Food Group (LON:HFG)‘s stock had its “house stock” rating reaffirmed by analysts at Shore Capital in a report released on Tuesday,London Stock Exchange reports.

A number of other equities analysts have also weighed in on HFG. Peel Hunt reaffirmed a “hold” rating and issued a GBX 670 target price on shares of Hilton Food Group in a research note on Tuesday. Berenberg Bank reduced their price objective on 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. Finally, Royal Bank Of Canada dropped their target price on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating on the stock in a research report on Wednesday, November 12th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 666.67.

Hilton Food Group Stock Up 3.5%

Shares of HFG traded up GBX 17 on Tuesday, hitting GBX 500. The company’s stock had a trading volume of 868,789 shares, compared to its average volume of 645,409. The firm’s fifty day moving average price is GBX 624.40 and its 200-day moving average price is GBX 764.04. Hilton Food Group has a fifty-two week low of GBX 470.50 and a fifty-two week high of GBX 950. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. The firm has a market capitalization of £449.53 million, a price-to-earnings ratio of 11.63, a P/E/G ratio of 17.31 and a beta of 0.57.

Hilton Food Group (LON:HFG) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share for the quarter. Hilton Food Group had a net margin of 1.22% and a return on equity of 15.15%. On average, equities research analysts expect that Hilton Food Group will post 62.3340321 EPS for the current year.

Insiders Place Their Bets

In related news, insider Steve Murrells purchased 12,049 shares of the stock in a transaction on Tuesday, September 30th. The shares were purchased at an average price of GBX 659 per share, with a total value of £79,402.91. 4.34% of the stock is currently owned by corporate insiders.

About Hilton Food Group

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.