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Merrill Lynch assumed coverage on shares of Hilton Food Group Ltd (LON:HFG) in a research note issued on Wednesday, Analyst Ratings Net reports. The firm set a “buy” rating on the stock.

Shares of Hilton Food Group Ltd (LON:HFG) traded down 0.16% during mid-day trading on Wednesday, hitting GBX 462.25. 4,458 shares of the company’s stock traded hands. Hilton Food Group Ltd has a 1-year low of GBX 303.52 and a 1-year high of GBX 475.00. The stock’s 50-day moving average is GBX 438.9 and its 200-day moving average is GBX 426.4. The company’s market cap is £330.8 million.

A number of other analysts have also recently weighed in on HFG. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Hilton Food Group Ltd in a research note to investors on Wednesday. They set an “overweight” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Hilton Food Group Ltd in a research note to investors on Wednesday. They set a “neutral” rating on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Hilton Food Group Ltd in a research note to investors on Wednesday. They set a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price 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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