Hilton Food Group (LON:HFG) Shares Pass Above 200-Day Moving Average – Time to Sell?

Shares of Hilton Food Group plc (LON:HFG) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 519.31 and traded as high as GBX 555. Hilton Food Group shares last traded at GBX 551, with a volume of 89,759 shares.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Berenberg Bank lifted their price target on shares of Hilton Food Group from GBX 740 to GBX 790 and gave the company a “buy” rating in a report on Wednesday, April 1st. Shore Capital Group restated a “house stock” rating on shares of Hilton Food Group in a report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 815 target price on shares of Hilton Food Group in a research report on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Hilton Food Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 703.75.

Hilton Food Group Trading Up 0.5%

The stock has a market cap of £495.66 million, a PE ratio of 6.31, a PEG ratio of 17.31 and a beta of 0.73. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 129.90. The stock’s fifty day moving average price is GBX 528.85 and its 200 day moving average price is GBX 519.31.

About Hilton Food Group

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.