Berenberg Bank Raises Hilton Food Group (LON:HFG) Price Target to GBX 1,120

Hilton Food Group (LON:HFG) had its price target boosted by research analysts at Berenberg Bank from GBX 1,090 ($13.93) to GBX 1,120 ($14.31) in a research note issued on Wednesday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 31.46% from the company’s previous close.

Separately, Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday.

Hilton Food Group Stock Up 1.5 %

HFG traded up GBX 13 ($0.17) on Wednesday, hitting GBX 852 ($10.89). The company had a trading volume of 98,770 shares, compared to its average volume of 412,520. Hilton Food Group has a 12-month low of GBX 796 ($10.17) and a 12-month high of GBX 996 ($12.73). The stock has a market capitalization of £762.71 million, a price-to-earnings ratio of 16.40, a P/E/G ratio of 17.31 and a beta of 0.57. The stock has a fifty day moving average price of GBX 855.12 and a 200-day moving average price of GBX 885.45. The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11.

Hilton Food Group (LON:HFG) last issued its earnings results on Tuesday, April 8th. The company reported GBX 61 ($0.78) earnings per share for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. Analysts predict that Hilton Food Group will post 62.3340321 EPS for the current fiscal year.

Insider Activity at Hilton Food Group

In other news, insider Mark Allen purchased 5,950 shares of the company’s stock in a transaction on Tuesday, April 8th. The stock was acquired at an average cost of GBX 835 ($10.67) per share, for a total transaction of £49,682.50 ($63,483.90). 14.33% of the stock is currently owned by corporate insiders.

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.