Hilton Food Group plc (HFG) Lowered to “Hold” at Peel Hunt
Peel Hunt downgraded shares of Hilton Food Group plc (LON:HFG) to a hold rating in a research note issued to investors on Wednesday morning. The firm currently has GBX 925 ($12.21) target price on the stock, up from their prior target price of GBX 850 ($11.22).
Other equities analysts have also issued reports about the stock. Shore Capital restated a buy rating on shares of Hilton Food Group plc in a research report on Tuesday, September 12th. Numis Securities Ltd boosted their price target on shares of Hilton Food Group plc from GBX 830 ($10.95) to GBX 930 ($12.27) and gave the stock an add rating in a research report on Tuesday, September 12th. Panmure Gordon restated a buy rating and set a GBX 825 ($10.89) price target on shares of Hilton Food Group plc in a research report on Tuesday, October 3rd. Finally, Investec boosted their price target on shares of Hilton Food Group plc from GBX 812 ($10.72) to GBX 815 ($10.75) and gave the stock a buy rating in a research report on Wednesday, September 13th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 833 ($10.99).
The firm also recently declared a dividend, which will be paid on Friday, December 1st. Investors of record on Thursday, November 2nd will be given a dividend of GBX 5 ($0.07) per share. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a yield of 0.67%.
Hilton Food Group plc Company Profile
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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