Hilton Food Group (LON:HFG – Get Free Report) had its target price raised by equities research analysts at Berenberg Bank from GBX 740 to GBX 790 in a research note issued to investors on Wednesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 51.92% from the stock’s previous close.
Hilton Food Group Trading Up 1.8%
LON HFG traded up GBX 9 during mid-day trading on Wednesday, reaching GBX 520. 315,722 shares of the stock were exchanged, compared to its average volume of 984,357. The stock has a market cap of £467.77 million, a P/E ratio of 12.09, a P/E/G ratio of 17.31 and a beta of 0.83. The company has a debt-to-equity ratio of 158.23, a current ratio of 1.20 and a quick ratio of 0.88. Hilton Food Group has a one year low of GBX 447.89 and a one year high of GBX 914. The stock has a 50 day simple moving average of GBX 506.09 and a 200-day simple moving average of GBX 547.28.
Insider Buying and Selling at Hilton Food Group
In other Hilton Food Group news, insider Mark Allen acquired 42,500 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were bought at an average cost of GBX 468 per share, with a total value of £198,900. Company insiders own 4.37% of the company’s stock.
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. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.
We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.
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