Hilton Food Group Ltd Coverage Initiated at Barclays (HFG)
Equities research analysts at Barclays initiated coverage on shares of Hilton Food Group Ltd (LON:HFG) in a research note issued to investors on Tuesday, StockRatingsNetwork reports. The firm set an “overweight” rating on the stock.
Shares of Hilton Food Group Ltd (LON:HFG) traded up 2.68% on Tuesday, hitting GBX 469.75. The stock had a trading volume of 7,155 shares. Hilton Food Group Ltd has a 52 week low of GBX 303.52 and a 52 week high of GBX 475.00. The stock’s 50-day moving average is GBX 438.0 and its 200-day moving average is GBX 425.8. The company’s market cap is £336.2 million.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Hilton Food Group Ltd in a research note to investors on Friday, January 10th. They now have a GBX 550 ($9.03) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Hilton Food Group Ltd in a research note to investors on Thursday, December 19th. They now have a GBX 525 ($8.62) price target on the stock. Finally, analysts at Investec upgraded shares of Hilton Food Group Ltd to a “buy” rating in a research note to investors on Tuesday, December 3rd. They now have a GBX 490 ($8.04) price target on the stock, up previously from GBX 450 ($7.39). Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of GBX 521.67 ($8.56).
Hilton Food Group plc, along with its subsidiaries, is engaged in retail meat packing for food retailers in Europe.
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