Hilton Food Group (LON:HFG) Stock Price Down 11.7% – Should You Sell?

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports 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. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, November 25th. Berenberg Bank reduced their price objective on Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Finally, Royal Bank Of Canada lowered their target price on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating for the company in a research note on Wednesday, November 12th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 666.67.

Hilton Food Group Stock Performance

The stock’s 50 day moving average is GBX 500.97 and its two-hundred day moving average is GBX 644.46. The firm has a market capitalization of £412.65 million, a P/E ratio of 10.67, a P/E/G ratio of 17.31 and a beta of 0.57. The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88.

About Hilton Food Group

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.