Hilton Food Group (LON:HFG) Trading Down 10.8% – Should You Sell?

Shares of Hilton Food Group plc (LON:HFG) were down 10.8% on Thursday . The stock traded as low as GBX 447.89 and last traded at GBX 458.72. Approximately 26,305,262 shares were traded during trading, an increase of 1,460% from the average daily volume of 1,685,976 shares. The stock had previously closed at GBX 514.

Analysts Set New Price Targets

HFG has been the topic of a number of research analyst reports. Berenberg Bank cut their target price on 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 decreased their target price on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating on the stock in a research note on Wednesday, November 12th. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a report on Tuesday, November 25th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 670 price target on shares of Hilton Food Group in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Hilton Food Group currently has an average rating of “Hold” and a consensus target price of GBX 666.67.

Hilton Food Group Stock Performance

The firm has a 50 day moving average of GBX 500.97 and a two-hundred day moving average of GBX 644.46. The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88. The stock has a market cap of £412.65 million, a PE ratio of 10.67, a PEG ratio of 17.31 and a beta of 0.57.

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.