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

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

Other analysts have also recently issued research reports about the company. Royal Bank Of Canada dropped their target price 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 equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 920.

Hilton Food Group Trading Down 0.3%

LON HFG opened at GBX 664 on Friday. Hilton Food Group has a one year low of GBX 638 and a one year high of GBX 969. The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11. The company has a market capitalization of £596.97 million, a price-to-earnings ratio of 1,544.19, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The company’s 50-day simple moving average is GBX 759.65 and its two-hundred day simple moving average is GBX 828.42.

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

Insider Activity

In other Hilton Food Group news, insider Steve Murrells acquired 12,049 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was purchased at an average price of GBX 659 per share, for a total transaction 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.