Hilton Food Group plc (HFG) Stock Rating Lowered by Peel Hunt
Hilton Food Group plc (LON:HFG) was downgraded by analysts at Peel Hunt to a “hold” rating in a report released on Wednesday. They currently have a GBX 925 ($12.21) price target on the stock, up from their prior price target of GBX 850 ($11.22). Peel Hunt’s price objective suggests a potential upside of 3.70% from the company’s previous close.
HFG has been the topic of several other research reports. Investec upped their target price on Hilton Food Group plc from GBX 812 ($10.72) to GBX 815 ($10.75) and gave the company a “buy” rating in a research report on Wednesday, September 13th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 830 ($10.95) target price (up previously from GBX 804 ($10.61)) on shares of Hilton Food Group plc in a research report on Thursday, August 24th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 825 ($10.89) target price on shares of Hilton Food Group plc in a research report on Tuesday, October 3rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of Hilton Food Group plc in a research report on Monday, October 16th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Hilton Food Group plc presently has a consensus rating of “Buy” and an average target price of GBX 833 ($10.99).
Shares of Hilton Food Group plc (HFG) opened at 892.00 on Wednesday. The firm’s market cap is GBX 659.98 million. Hilton Food Group plc has a one year low of GBX 550.00 and a one year high of GBX 900.00. The stock’s 50 day moving average price is GBX 780.50 and its 200 day moving average price is GBX 752.27.
About Hilton Food Group plc
Hilton Food Group plc is a United Kingdom-based retail meat packing company. The Company operates through three segments: Western Europe, Central Europe, and Central costs and other. The Western Europe segment covers its businesses in the United Kingdom, Ireland, Holland, Sweden and Denmark. In Central Europe, its meat packing business, based at Tychy in Poland, supplies customers across Central Europe, from Hungary to the Baltics.
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