Shore Capital Reaffirms House Stock Rating for Hilton Food Group (LON:HFG)

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

A number of other research firms have also weighed in on HFG. Berenberg Bank dropped their price target on shares of Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Royal Bank Of Canada dropped their target price on shares of 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. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 670 target price on shares of Hilton Food Group in a report on Tuesday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 666.67.

Hilton Food Group Stock Performance

LON HFG traded up GBX 17 during trading on Tuesday, reaching GBX 500. 868,789 shares of the company’s stock were exchanged, compared to its average volume of 645,409. The business has a 50 day moving average price of GBX 624.40 and a 200-day moving average price of GBX 764.04. The stock has a market capitalization of £449.53 million, a P/E ratio of 11.63, a PEG ratio of 17.31 and a beta of 0.57. 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 debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88.

Hilton Food Group (LON:HFG) last posted its quarterly earnings data on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share (EPS) for the quarter. Hilton Food Group had a net margin of 1.22% and a return on equity of 15.15%. Sell-side analysts forecast that Hilton Food Group will post 62.3340321 earnings per share for the current fiscal year.

Insider Activity at Hilton Food Group

In other news, insider Steve Murrells acquired 12,049 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The shares were acquired at an average price of GBX 659 per share, for a total transaction of £79,402.91. Company insiders own 4.34% of the company’s stock.

Hilton Food Group Company Profile

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.