Hilton Food Group plc (LON:HFG) Given Consensus Recommendation of “Buy” by Brokerages
Hilton Food Group plc (LON:HFG) has earned an average recommendation of “Buy” from the six research firms that are covering the stock. Six research analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 683.20 ($8.92).
Several analysts have commented on HFG shares. Numis Securities Ltd reissued a “buy” rating and set a GBX 729 ($9.52) price target on shares of Hilton Food Group plc in a research report on Thursday, July 7th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 650 ($8.48) price objective on shares of Hilton Food Group plc in a research report on Thursday, July 21st. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 715 ($9.33) price objective on shares of Hilton Food Group plc in a research report on Tuesday, June 7th. Finally, Investec increased their price objective on shares of 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.
In other Hilton Food Group plc news, insider Watson,Robert sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 12th. The shares were sold at an average price of GBX 582 ($7.60), for a total transaction of £29,100 ($37,984.60).
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/hilton-food-group-plc-lonhfg-given-consensus-recommendation-of-buy-by-brokerages.html
Hilton Food Group plc (LON:HFG) traded up 1.39% during trading on Tuesday, reaching GBX 618.50. The company had a trading volume of 4,063 shares. The firm’s 50-day moving average price is GBX 583.15 and its 200 day moving average price is GBX 565.03. Hilton Food Group plc has a one year low of GBX 455.00 and a one year high of GBX 624.50. The firm’s market capitalization is GBX 452.55 million.
The firm also recently declared a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 3rd will be given a dividend of GBX 4.60 ($0.06) per share. The ex-dividend date is Thursday, November 3rd. This is a positive change from Hilton Food Group plc’s previous dividend of $1.30. This represents a yield of 0.78%.
About Hilton Food Group plc
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.
Receive News & Ratings for Hilton Food Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Food Group plc and related companies with MarketBeat.com's FREE daily email newsletter.