Hilton Food Group (LON:HFG) Hits New 1-Year High – Here’s What Happened

Hilton Food Group plc (LON:HFG)’s share price hit a new 52-week high on Thursday . The company traded as high as GBX 701 and last traded at GBX 695, with a volume of 367510 shares. The stock had previously closed at GBX 631.

Wall Street Analyst Weigh In

HFG has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 815 target price on shares of Hilton Food Group in a research report on Monday, August 3rd. Shore Capital Group restated a “house stock” rating on shares of Hilton Food Group in a research report on Friday, August 14th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 703.75.

Hilton Food Group Price Performance

The firm has a market capitalization of £644.98 million, a P/E ratio of 8.21, a P/E/G ratio of 17.31 and a beta of 0.75. The business’s fifty day moving average is GBX 575.20 and its 200 day moving average is GBX 540.49. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 129.90.

Hilton Food Group Company Profile

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.