Hilton Food Group’s (HFG) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Hilton Food Group (LON:HFG)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Wednesday,London Stock Exchange reports. They presently have a GBX 815 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 48.41% from the stock’s current price.

Several other research firms have also commented on HFG. Shore Capital Group reaffirmed a “house stock” rating on shares of Hilton Food Group in a report on Tuesday. Berenberg Bank upped their price target on shares of Hilton Food Group from GBX 740 to GBX 790 and gave the company a “buy” rating in a research report on Wednesday, April 1st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 703.75.

Hilton Food Group Stock Down 1.0%

Shares of HFG opened at GBX 549.15 on Wednesday. The firm has a market cap of £493.99 million, a P/E ratio of 6.29, a P/E/G ratio of 17.31 and a beta of 0.75. The stock has a 50 day simple moving average of GBX 520.60 and a two-hundred day simple moving average of GBX 517.07. The company has a debt-to-equity ratio of 129.90, a current ratio of 1.10 and a quick ratio of 0.88. Hilton Food Group has a 1 year low of GBX 447.89 and a 1 year high of GBX 909.

Hilton Food Group (LON:HFG) last posted its quarterly earnings results on Tuesday, March 31st. The company reported GBX 52.70 EPS for the quarter. The firm had revenue of GBX 421.46 billion for the quarter. Hilton Food Group had a net margin of 1.14% and a return on equity of 14.17%. On average, analysts forecast that Hilton Food Group will post 62.3340321 earnings per share for the current fiscal year.

Insider Buying and Selling at Hilton Food Group

In related news, insider Bindi Foyle  acquired 3,761 shares of the company’s stock in a transaction dated Wednesday, April 15th. The stock was purchased at an average price of GBX 529 per share, with a total value of £19,895.69. Company insiders own 4.37% 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. 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.