Hilton Food Group (LON:HFG) Receives “Hold” Rating from HSBC

HSBC restated their hold rating on shares of Hilton Food Group (LON:HFG) in a report released on Friday, June 28th, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also recently commented on the company. Numis Securities reaffirmed a buy rating and issued a GBX 1,800 ($23.52) price target on shares of in a report on Monday, June 3rd. Peel Hunt reaffirmed a buy rating on shares of NWF Group in a report on Thursday, June 13th. Shore Capital reaffirmed a buy rating on shares of Bellway in a report on Wednesday, March 27th. Finally, Berenberg Bank reaffirmed a sell rating and issued a GBX 600 ($7.84) price target on shares of Great Portland Estates in a report on Friday, May 3rd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Hilton Food Group has an average rating of Hold and a consensus price target of GBX 1,035 ($13.52).

Shares of LON HFG traded down GBX 22 ($0.29) during trading hours on Friday, hitting GBX 927 ($12.11). 15,180 shares of the company’s stock were exchanged, compared to its average volume of 37,780. The firm has a 50-day moving average of GBX 967.63. The company has a debt-to-equity ratio of 63.36, a current ratio of 1.23 and a quick ratio of 0.91. The stock has a market cap of $757.39 million and a PE ratio of 23.47. Hilton Food Group has a 1-year low of GBX 880 ($11.50) and a 1-year high of GBX 1,096 ($14.32).

In related news, insider Robert Watson sold 65,242 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of GBX 1,024 ($13.38), for a total transaction of £668,078.08 ($872,962.34). Also, insider Philip Heffer sold 50,296 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of GBX 990 ($12.94), for a total value of £497,930.40 ($650,634.26).

Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products.

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Analyst Recommendations for Hilton Food Group (LON:HFG)

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