Hilton Food Group (LON:HFG) Upgraded to “Buy” at Peel Hunt

Peel Hunt upgraded shares of Hilton Food Group (LON:HFG) to a buy rating in a research report report published on Tuesday, ThisIsMoney.Co.Uk reports. They currently have GBX 1,150 ($15.03) target price on the stock, up from their prior target price of GBX 960 ($12.54).

Other analysts have also recently issued reports about the stock. Berenberg Bank reissued a hold rating and set a GBX 950 ($12.41) price objective on shares of Hilton Food Group in a research note on Friday, September 6th. HSBC reissued a hold rating on shares of Hilton Food Group in a research note on Friday, June 28th. Finally, Shore Capital reissued a buy rating on shares of Hilton Food Group in a research note on Tuesday, September 10th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Hilton Food Group currently has an average rating of Hold and a consensus price target of GBX 1,063.75 ($13.90).

HFG stock opened at GBX 1,024.02 ($13.38) on Tuesday. The stock has a market capitalization of $831.88 million and a P/E ratio of 25.92. The company has a debt-to-equity ratio of 215.65, a quick ratio of 0.91 and a current ratio of 1.23. Hilton Food Group has a one year low of GBX 855 ($11.17) and a one year high of GBX 1,096 ($14.32). The company has a 50 day moving average price of GBX 987.60 and a two-hundred day moving average price of GBX 970.83.

The business also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be paid a dividend of GBX 6 ($0.08) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 0.61%. Hilton Food Group’s dividend payout ratio is presently 0.56%.

Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products.

Featured Story: Earnings Reports

Analyst Recommendations for Hilton Food Group (LON:HFG)

Receive News & Ratings for Hilton Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Food Group and related companies with MarketBeat.com's FREE daily email newsletter.