Hilton Food Group (LON:HFG) Price Target Raised to GBX 790 at Berenberg Bank

Hilton Food Group (LON:HFG) had its price objective upped by Berenberg Bank from GBX 740 to GBX 790 in a research report released on Wednesday,London Stock Exchange reports. Berenberg Bank currently has a buy rating on the stock.

Hilton Food Group Stock Up 0.8%

Shares of LON HFG opened at GBX 524 on Wednesday. The stock has a market cap of £471.37 million, a P/E ratio of 12.19, a P/E/G ratio of 17.31 and a beta of 0.83. The firm has a 50 day moving average price of GBX 506.47 and a 200 day moving average price of GBX 547.09. The company has a debt-to-equity ratio of 158.23, a quick ratio of 0.88 and a current ratio of 1.20. Hilton Food Group has a 52-week low of GBX 447.89 and a 52-week high of GBX 914.

Insider Activity

In other news, insider Mark Allen purchased 42,500 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was bought at an average price of GBX 468 per share, with a total value 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.