Hilton Food Group’s (HFG) House Stock Rating Reiterated at Shore Capital Group

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

Other equities research analysts also recently issued research reports about the company. Berenberg Bank upped their price target on Hilton Food Group from GBX 740 to GBX 790 and gave the stock a “buy” rating in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 815 target price on shares of Hilton Food Group in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 703.75.

Hilton Food Group Trading Down 1.9%

Shares of LON:HFG traded down GBX 10 during mid-day trading on Tuesday, reaching GBX 513.50. 84,577 shares of the company were exchanged, compared to its average volume of 869,914. Hilton Food Group has a 1 year low of GBX 447.89 and a 1 year high of GBX 882. The company has a debt-to-equity ratio of 129.90, a current ratio of 1.10 and a quick ratio of 0.88. The firm’s 50-day simple moving average is GBX 531.50 and its 200 day simple moving average is GBX 513.77. The firm has a market cap of £461.92 million, a price-to-earnings ratio of 5.88, a P/E/G ratio of 17.31 and a beta of 0.74.

Hilton Food Group (LON:HFG) last released its quarterly earnings results on Tuesday, March 31st. The company reported GBX 52.70 EPS for the quarter. Hilton Food Group had a return on equity of 14.17% and a net margin of 1.14%.The company had revenue of GBX 421.46 billion for the quarter. Equities research analysts forecast that Hilton Food Group will post 62.3340321 EPS for the current year.

Insider Activity

In related news, insider Bindi Foyle  purchased 3,761 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were purchased at an average price of GBX 529 per share, with a total value of £19,895.69. 4.33% of the stock is currently owned by corporate insiders.

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. 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.