Hilton Food Group (LON:HFG) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Hilton Food Group (LON:HFG) had its price target hoisted by research analysts at Berenberg Bank from GBX 740 to GBX 790 in a report issued on Wednesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 48.71% from the stock’s current price.

Hilton Food Group Stock Performance

Shares of LON HFG opened at GBX 531.22 on Wednesday. The company has a debt-to-equity ratio of 158.23, a current ratio of 1.20 and a quick ratio of 0.88. The stock’s fifty day moving average price is GBX 506.95 and its two-hundred day moving average price is GBX 546.98. Hilton Food Group has a one year low of GBX 447.89 and a one year high of GBX 914. The firm has a market cap of £477.87 million, a price-to-earnings ratio of 12.35, a P/E/G ratio of 17.31 and a beta of 0.83.

Hilton Food Group (LON:HFG) last posted its quarterly earnings data on Tuesday, March 31st. The company reported GBX 52.70 earnings per share for the quarter. Hilton Food Group had a return on equity of 12.64% and a net margin of 0.94%.The firm had revenue of GBX 421.46 billion for the quarter. On average, equities analysts forecast that Hilton Food Group will post 62.3340321 EPS for the current year.

Insiders Place Their Bets

In other Hilton Food Group news, insider Mark Allen acquired 42,500 shares of the company’s stock in a transaction on Friday, January 30th. The stock was acquired at an average price of GBX 468 per share, for a total transaction of £198,900. 4.37% of the stock is owned by company insiders.

Hilton Food Group Company Profile

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.

We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.