Royal Bank Of Canada Has Lowered Expectations for Hilton Food Group (LON:HFG) Stock Price

Hilton Food Group (LON:HFG) had its price objective reduced by stock analysts at Royal Bank Of Canada from GBX 1,050 to GBX 750 in a report issued on Wednesday, MarketBeat reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 11.11% from the stock’s current price.

Separately, Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a report on Wednesday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 935.

Hilton Food Group Stock Performance

Shares of LON HFG opened at GBX 675 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. The stock has a market capitalization of £606.86 million, a price-to-earnings ratio of 1,569.77, a PEG ratio of 17.31 and a beta of 0.57. The stock’s fifty day simple moving average is GBX 842.60 and its 200 day simple moving average is GBX 856.64. Hilton Food Group has a 52-week low of GBX 659 and a 52-week high of GBX 987.

Hilton Food Group (LON:HFG) last issued its earnings results on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share (EPS) for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. As a group, sell-side analysts forecast that Hilton Food Group will post 62.3340321 earnings per share for the current fiscal year.

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.