Panmure Gordon Increases Hilton Food Group plc (HFG) Price Target to GBX 755
Hilton Food Group plc (LON:HFG) had its target price upped by research analysts at Panmure Gordon from GBX 715 ($9.33) to GBX 755 ($9.86) in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock. Panmure Gordon’s price target points to a potential upside of 22.37% from the company’s previous close.
A number of other equities analysts also recently commented on the company. Peel Hunt reiterated a “buy” rating and issued a GBX 650 ($8.48) price target on shares of Hilton Food Group plc in a research note on Tuesday, September 13th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 729 ($9.52) price target on shares of Hilton Food Group plc in a research note on Tuesday, September 13th. Finally, Investec lifted their price target on Hilton Food Group plc from GBX 650 ($8.48) to GBX 660 ($8.62) and gave the stock a “buy” rating in a research note on Wednesday, September 14th. Six research analysts have rated the stock with a buy rating, Hilton Food Group plc presently has an average rating of “Buy” and an average target price of GBX 691.20 ($9.02).
Hilton Food Group plc (LON:HFG) opened at 618.375 on Tuesday. Hilton Food Group plc has a 52 week low of GBX 460.00 and a 52 week high of GBX 639.50. The stock’s market capitalization is GBX 452.46 million. The stock’s 50 day moving average price is GBX 596.03 and its 200-day moving average price is GBX 571.99.
The business also recently announced a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 3rd will be paid a GBX 4.60 ($0.06) dividend. This is an increase from Hilton Food Group plc’s previous dividend of $1.30. This represents a yield of 0.78%. The ex-dividend date is Thursday, November 3rd.
In other Hilton Food Group plc news, insider Watson,Robert sold 5,000 shares of Hilton Food Group plc stock in a transaction that occurred on Tuesday, July 12th. The stock was 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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