Hilton Food Group plc Rating Lowered to Add at Numis Securities Ltd (HFG)
Hilton Food Group plc (LON:HFG) was downgraded by stock analysts at Numis Securities Ltd to an “add” rating in a report issued on Tuesday, ARN reports. They currently have a GBX 610 ($10.27) target price on the stock. Numis Securities Ltd’s price target indicates a potential upside of 15.31% from the company’s current price.
Hilton Food Group plc (LON:HFG) opened at 528.00 on Tuesday. Hilton Food Group plc has a 52-week low of GBX 342.438 and a 52-week high of GBX 534.50. The stock’s 50-day moving average is GBX 515.2 and its 200-day moving average is GBX 469.. The company’s market cap is £381.0 million.
HFG has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Hilton Food Group plc in a research note on Tuesday, April 29th. They now have a GBX 560 ($9.43) price target on the stock. Separately, analysts at Investec downgraded shares of Hilton Food Group plc to an “add” rating in a research note on Friday, April 4th. They now have a GBX 503 ($8.47) price target on the stock. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 571 ($9.62).
Hilton Food Group plc, along with its subsidiaries, is engaged in retail meat packing for international food retailers.
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