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

Hilton Food Group plc (LON:HFGGet Free Report)’s stock price was down 10.8% during mid-day trading on Thursday . The company traded as low as GBX 447.89 and last traded at GBX 458.72. Approximately 26,305,262 shares changed hands 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.

Key Headlines Impacting Hilton Food Group

Here are the key news stories impacting Hilton Food Group this week:

Analyst Upgrades and Downgrades

HFG has been the topic of a number of recent research reports. Royal Bank Of Canada reduced their price target on shares of Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating on the stock in a research report on Wednesday, November 12th. Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, November 25th. Berenberg Bank lowered their price target on Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating for the company in a report on Wednesday, November 12th. Finally, Peel Hunt restated a “hold” rating and set a GBX 670 price objective on shares of Hilton Food Group in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Hilton Food Group currently has a consensus rating of “Hold” and a consensus price target of GBX 666.67.

Check Out Our Latest Stock Report on Hilton Food Group

Hilton Food Group Price Performance

The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11. The business’s fifty day simple moving average is GBX 500.10 and its 200 day simple moving average is GBX 640.57. The stock has a market cap of £422.79 million, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57.

About Hilton Food Group

(Get Free Report)

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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