Hilton Food Group (LON:HFG – Get Free Report) had its price target hoisted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 815 to GBX 850 in a research note issued to investors on Friday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 21.43% from the stock’s current price.
Separately, Shore Capital Group reissued a “house stock” rating on shares of Hilton Food Group in a report on Thursday. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 712.50.
Read Our Latest Stock Report on Hilton Food Group
Hilton Food Group Stock Performance
Hilton Food Group (LON:HFG – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported GBX 25.70 earnings per share for the quarter. Hilton Food Group had a return on equity of 14.17% and a net margin of 1.14%. Equities research analysts anticipate that Hilton Food Group will post 62.3340321 earnings per share for the current fiscal year.
Key Headlines Impacting Hilton Food Group
Here are the key news stories impacting Hilton Food Group this week:
- Positive Sentiment: Hilton Food reported first-half revenue of approximately £2.29 billion, supported by higher volumes and inflation-related pricing. Management also raised its full-year adjusted pre-tax profit guidance, providing the strongest catalyst for the improved investor sentiment. Hilton Food H1 Revenue Rises on Higher Volumes and Inflation
- Positive Sentiment: The earnings update indicated that stronger volumes and improving performance across the business are helping Hilton Food move toward a recovery. Investor commentary described the results as encouraging and likely to support hopes for a sustained improvement in profitability. Hilton Food Sparks Investor Hopes of Recovery
- Positive Sentiment: The company reported quarterly EPS of 25.70 pence, with a 14.17% return on equity. While net margin remained thin at 1.14%, the earnings release reinforces the case for improved full-year results. Hilton Food Group Earnings Report
- Neutral Sentiment: Shore Capital reaffirmed its “house stock” rating, suggesting continued support for the shares but no fresh change in analyst positioning.
- Neutral Sentiment: The shares had moved above their 200-day moving average, signaling stronger technical momentum but also prompting debate over whether the recent advance had become extended. Hilton Food Share Price Passes Above 200-Day Moving Average
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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