Hilton Food Group (LON:HFG) Stock Price Down 11.7% – What’s Next?

Hilton Food Group plc (LON:HFGGet Free Report)’s stock price traded down 11.7% on Thursday . The company traded as low as GBX 451.23 and last traded at GBX 454. 2,194,675 shares were traded during trading, an increase of 357% from the average session volume of 480,447 shares. The stock had previously closed at GBX 514.

Hilton Food Group News Roundup

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on HFG shares. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 25th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 670 target price on shares of Hilton Food Group in a research report on Tuesday, November 25th. Berenberg Bank reduced their price target on shares of 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, Royal Bank Of Canada dropped their price objective 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. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Hilton Food Group has an average rating of “Hold” and a consensus target price of GBX 666.67.

Get Our Latest Stock Analysis on Hilton Food Group

Hilton Food Group Stock Performance

The company’s 50-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. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82.

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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