Hilton Food Group (LON:HFG) Stock Price Down 10.8% – Time to Sell?

by · The Cerbat Gem

Hilton Food Group plc (LON:HFGGet Free Report) was down 10.8% during trading on Thursday . The stock traded as low as GBX 447.89 and last traded at GBX 458.72. Approximately 26,305,262 shares were traded during trading, an increase of 1,460% from the average daily volume of 1,685,976 shares. The stock had previously closed at GBX 514.

Hilton Food Group News Roundup

Here are the key news stories impacting Hilton Food Group this week:

Analyst Ratings Changes

Several research firms recently issued reports on HFG. Royal Bank Of Canada reduced their price target on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating on the stock in a research report on Wednesday, November 12th. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 25th. Berenberg Bank cut their price target on shares of Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Finally, Peel Hunt restated a “hold” rating and set a GBX 670 target price on shares of Hilton Food Group in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 666.67.

Read Our Latest Report on HFG

Hilton Food Group Stock Performance

The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88. The firm has a 50-day moving average price of GBX 500.10 and a two-hundred day moving average price of GBX 640.57. The firm has a market capitalization of £422.79 million, a P/E ratio of 10.93, a P/E/G ratio of 17.31 and a beta of 0.57.

Hilton Food Group Company Profile

(Get Free Report)

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.

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