Hilton Food Group (LON:HFG) Stock Price Down 10.8% – What’s Next?

Hilton Food Group plc (LON:HFGGet Free Report) shares traded 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. 26,305,262 shares were traded during mid-day trading, an increase of 1,460% from the average session volume of 1,685,976 shares. The stock had previously closed at GBX 514.

Trending Headlines about Hilton Food Group

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Analysts Set New Price Targets

A number of analysts have recently commented on HFG shares. Peel Hunt reiterated a “hold” rating and set a GBX 670 target price on shares of Hilton Food Group in a research report on Tuesday, November 25th. Berenberg Bank decreased their price objective 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. Royal Bank Of Canada cut their target price on shares of Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating on the stock in a report on Wednesday, November 12th. Finally, Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Hilton Food Group presently has an average rating of “Hold” and an average price target of GBX 666.67.

Check Out Our Latest Analysis on HFG

Hilton Food Group Price Performance

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

Hilton Food Group Company Profile

(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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