Hilton Food Group (LON:HFG) Stock Price Down 10.8% – Time to Sell?

Hilton Food Group plc (LON:HFGGet Free Report)’s stock price dropped 10.8% during mid-day trading on Thursday . The stock 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 Hilton Food Group News

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

Analysts Set New Price Targets

HFG has been the subject of a number of analyst reports. Berenberg Bank lowered their price objective on Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, November 25th. Royal Bank Of Canada decreased their price objective on shares of Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating for the company in a research report on Wednesday, November 12th. Finally, Peel Hunt reissued a “hold” rating and set a GBX 670 target price on shares of Hilton Food Group in a research note on Tuesday, November 25th. One 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 currently has a consensus rating of “Hold” and a consensus price target of GBX 666.67.

View Our Latest Research Report on Hilton Food Group

Hilton Food Group Trading Up 3.1%

The firm’s 50 day simple moving average is GBX 500.10 and its two-hundred day simple moving average is GBX 640.57. The stock has a market capitalization of £422.79 million, a P/E ratio of 10.93, a P/E/G 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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