Hilton Food Group plc (HFG) Given New GBX 766 Price Target at Numis Securities Ltd
Hilton Food Group plc (LON:HFG) had its price target raised by equities researchers at Numis Securities Ltd from GBX 729 ($9.52) to GBX 766 ($10.00) in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Numis Securities Ltd’s target price suggests a potential upside of 25.57% from the stock’s current price.
Other research analysts have also issued research reports about the company. Investec increased their target price on Hilton Food Group plc from GBX 650 ($8.48) to GBX 660 ($8.62) and gave the company a “buy” rating in a research report on Wednesday, September 14th. Peel Hunt reiterated a “buy” rating and set a GBX 650 ($8.48) target price on shares of Hilton Food Group plc in a research report on Tuesday, September 13th. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 715 ($9.33) price objective on shares of Hilton Food Group plc in a report on Tuesday, September 13th. Six analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of GBX 683.20 ($8.92).
Hilton Food Group plc (LON:HFG) opened at 610.00 on Tuesday. The stock has a 50 day moving average of GBX 583.15 and a 200-day moving average of GBX 565.03. Hilton Food Group plc has a 12-month low of GBX 455.00 and a 12-month high of GBX 624.50. The company’s market capitalization is GBX 446.33 million.
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The company also recently disclosed a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 3rd will be issued a GBX 4.60 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a yield of 0.78%. This is a positive change from Hilton Food Group plc’s previous dividend of $1.30.
In other Hilton Food Group plc news, insider Watson,Robert sold 5,000 shares of the firm’s stock in a transaction on Tuesday, July 12th. The stock was sold at an average price of GBX 582 ($7.60), for a total value of £29,100 ($37,984.60).
Hilton Food Group plc Company Profile
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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