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

Shore Capital reissued their house stock rating on shares of Hilton Food Group (LON:HFG) in a research note published on Tuesday, MarketBeat.com reports.

A number of other research firms have also issued reports on HFG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,105 ($14.38) price target on shares of Hilton Food Group in a research report on Thursday, September 5th. Royal Bank of Canada raised their price target on shares of Hilton Food Group from GBX 1,000 ($13.02) to GBX 1,050 ($13.67) and gave the stock a “sector perform” rating in a research report on Thursday, September 5th.

Hilton Food Group Stock Performance

Shares of Hilton Food Group stock opened at GBX 939 ($12.22) on Tuesday. The firm has a market capitalization of £842.28 million, a P/E ratio of 1,809.80, a PEG ratio of 17.31 and a beta of 0.57. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 143.75. The company has a 50 day moving average price of GBX 909.87 and a 200 day moving average price of GBX 912.93. Hilton Food Group has a 52 week low of GBX 652 ($8.49) and a 52 week high of GBX 996 ($12.97).

Hilton Food Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 9.60 ($0.12) per share. This represents a yield of 0.99%. The ex-dividend date of this dividend is Thursday, October 31st. Hilton Food Group’s dividend payout ratio is presently 6,470.59%.

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.