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

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

A number of other brokerages have also recently commented on HFG. Royal Bank Of Canada decreased their price objective on Hilton Food Group from GBX 1,050 to GBX 750 and set a “sector perform” rating on the stock in a research report on Wednesday, September 3rd. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 920.

Hilton Food Group Stock Performance

HFG stock opened at GBX 663.78 on Friday. The company has a market cap of £596.78 million, a P/E ratio of 1,543.68, a price-to-earnings-growth 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. Hilton Food Group has a 1 year low of GBX 638 and a 1 year high of GBX 969. The stock’s fifty day moving average price is GBX 759.65 and its 200-day moving average price is GBX 828.42.

Hilton Food Group (LON:HFG) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share for the quarter. Hilton Food Group had a net margin of 1.22% and a return on equity of 15.15%. On average, equities analysts forecast that Hilton Food Group will post 62.3340321 earnings per share for the current year.

Insider Activity at Hilton Food Group

In other Hilton Food Group news, insider Steve Murrells bought 12,049 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were purchased at an average cost of GBX 659 per share, with a total value of £79,402.91. Corporate 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.