Hilton Food Group (LON:HFG) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFGGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 533.28 and traded as high as GBX 618. Hilton Food Group shares last traded at GBX 616, with a volume of 73,004 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Shore Capital Group reaffirmed a “house stock” rating on shares of Hilton Food Group in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 815 price objective on shares of Hilton Food Group in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Hilton Food Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 703.75.

Check Out Our Latest Stock Analysis on Hilton Food Group

Hilton Food Group Stock Up 0.2%

The company has a market cap of £554.13 million, a PE ratio of 7.06, a P/E/G ratio of 17.31 and a beta of 0.75. The business has a 50-day simple moving average of GBX 557.14 and a 200-day simple moving average of GBX 533.28. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 129.90.

About Hilton Food Group

(Get Free Report)

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.

Further Reading

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