Royal Bank of Canada Boosts Hilton Food Group (LON:HFG) Price Target to GBX 1,050

Hilton Food Group (LON:HFG) had its price objective upped by investment analysts at Royal Bank of Canada from GBX 1,000 ($13.15) to GBX 1,050 ($13.81) in a report released on Thursday, LSE.Co.UK reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target would indicate a potential upside of 15.13% from the stock’s previous close.

HFG has been the subject of a number of other reports. Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,105 ($14.53) target price on shares of Hilton Food Group in a report on Thursday.

Hilton Food Group Stock Performance

Shares of LON HFG traded down GBX 38 ($0.50) during trading on Thursday, reaching GBX 912 ($11.99). 162,138 shares of the company traded hands, compared to its average volume of 130,112. The stock has a market capitalization of £817.15 million, a PE ratio of 2,280.00, a P/E/G ratio of 17.31 and a beta of 0.57. The company has a quick ratio of 0.88, a current ratio of 1.17 and a debt-to-equity ratio of 153.45. The firm has a 50 day simple moving average of GBX 928.54 and a 200-day simple moving average of GBX 893.84. Hilton Food Group has a 52-week low of GBX 634.03 ($8.34) and a 52-week high of GBX 996 ($13.10).

Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. It offers beef, pork, lamb, poultry, seafood, and vegan and vegetarian food, such as steak, roast, diced, mince, meatloaf, sausages, burgers, meatballs ribs, chops, bacon, gammon, schnitzel, pulled belly, rib rack, smoked loin, shanks, carcass, chicken kabab, chicken drumsticks, chicken tight, chicken wings, half chicken, duck leg, duck half, coated, salmon, white fish, shellfish, fish cakes, smoked salmon, strips, nuggets, pulled, and balls.