Hilton Food Group plc Receives Consensus Recommendation of “Buy” from Analysts (LON:HFG)
Shares of Hilton Food Group plc (LON:HFG) have received a consensus rating of “Buy” from the fifteen ratings firms that are presently covering the stock, AmericanBankingNews.com reports. Five analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 544 ($9.30).
Shares of Hilton Food Group plc (LON:HFG) opened at 469.00 on Tuesday. Hilton Food Group plc has a 52 week low of GBX 386.812 and a 52 week high of GBX 534.50. The stock’s 50-day moving average is GBX 499.5 and its 200-day moving average is GBX 496.7. The company’s market cap is £338.4 million.
Several analysts have recently commented on the stock. Analysts at Investec upgraded shares of Hilton Food Group plc to a “buy” rating in a research note on Wednesday. They now have a GBX 501 ($8.56) price target on the stock, down previously from GBX 503 ($8.60). Separately, analysts at Shore Capital reiterated a “hold” rating on shares of Hilton Food Group plc in a research note on Thursday, July 17th. They now have a GBX 483 ($8.25) price target on the stock. Finally, analysts at Numis Securities Ltd cut their price target on shares of Hilton Food Group plc from GBX 610 ($10.42) to GBX 592 ($10.12) in a research note on Thursday, July 17th. They now have an “add” rating on the stock.
Hilton Food Group plc, along with its subsidiaries, is engaged in retail meat packing for international food retailers.
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