Hilton Food Group (LON:HFG) Stock Price Down 10.8% – Should You Sell?

Shares of Hilton Food Group plc (LON:HFGGet Free Report) fell 10.8% on Friday . The company traded as low as GBX 447.89 and last traded at GBX 458.72. 26,305,262 shares were traded during trading, an increase of 1,460% from the average session volume of 1,685,976 shares. The stock had previously closed at GBX 514.

Key Stories Impacting Hilton Food Group

Here are the key news stories impacting Hilton Food Group this week:

Analyst Ratings Changes

HFG has been the subject of several research reports. Peel Hunt reiterated a “hold” rating and issued a GBX 670 target price on shares of Hilton Food Group in a research report on Tuesday, November 25th. Royal Bank Of Canada lowered their price objective on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating for the company in a research note on Wednesday, November 12th. Berenberg Bank dropped their price objective on shares of Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating for the company in a report on Wednesday, November 12th. Finally, Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of GBX 666.67.

View Our Latest Report on Hilton Food Group

Hilton Food Group Price Performance

The firm has a market capitalization of £422.79 million, a PE ratio of 10.93, a P/E/G ratio of 17.31 and a beta of 0.57. The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88. The business’s 50 day moving average is GBX 500.10 and its two-hundred day moving average is GBX 639.11.

About Hilton Food Group

(Get Free Report)

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.

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