Hilton Food Group (LON:HFG) Price Target Lowered to GBX 1,090 at Berenberg Bank

Hilton Food Group (LON:HFG) had its price target lowered by Berenberg Bank from GBX 1,100 to GBX 1,090 in a research note released on Friday,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Other research analysts have also issued research reports about the company. Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, September 30th. Royal Bank Of Canada decreased their price objective on shares of Hilton Food Group from GBX 1,050 to GBX 750 and set a “sector perform” rating for the company in a report on Wednesday, September 3rd. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Hilton Food Group currently has an average rating of “Moderate Buy” and an average price target of GBX 920.

Hilton Food Group Price Performance

HFG stock opened at GBX 663.78 on Friday. The stock has a 50-day moving average price of GBX 759.65 and a two-hundred day moving average price of GBX 828.42. The company has a market cap of £596.78 million, a PE ratio of 1,543.68, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 148.82. Hilton Food Group has a 12-month low of GBX 638 and a 12-month high of GBX 969.

Hilton Food Group (LON:HFG) last issued its quarterly earnings data on Wednesday, September 3rd. The company reported GBX 26.50 EPS for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. As a group, research analysts predict that Hilton Food Group will post 62.3340321 EPS for the current year.

Insiders Place Their Bets

In related news, insider Steve Murrells bought 12,049 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was purchased at an average price of GBX 659 per share, with a total value of £79,402.91. Insiders own 4.34% of the company’s stock.

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.