Deutsche Bank Aktiengesellschaft Reaffirms “Buy” Rating for Hilton Food Group (LON:HFG)

Hilton Food Group (LON:HFG)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 815 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 48.41% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the company. Berenberg Bank lifted their price objective on Hilton Food Group from GBX 740 to GBX 790 and gave the stock a “buy” rating in a research report on Wednesday, April 1st. Shore Capital Group restated a “house stock” rating on shares of Hilton Food Group in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 703.75.

Hilton Food Group Stock Performance

Hilton Food Group stock opened at GBX 549.15 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 129.90. The firm has a market cap of £493.99 million, a P/E ratio of 6.29, a P/E/G ratio of 17.31 and a beta of 0.75. Hilton Food Group has a 1-year low of GBX 447.89 and a 1-year high of GBX 909. The firm has a 50-day moving average of GBX 520.60 and a 200-day moving average of GBX 517.07.

Hilton Food Group (LON:HFG) last announced its quarterly earnings results on Tuesday, March 31st. The company reported GBX 52.70 earnings per share (EPS) for the quarter. The company had revenue of GBX 421.46 billion for the quarter. Hilton Food Group had a return on equity of 14.17% and a net margin of 1.14%. Sell-side analysts expect that Hilton Food Group will post 62.3340321 EPS for the current year.

Insider Activity

In related news, insider Bindi Foyle  purchased 3,761 shares of Hilton Food Group stock in a transaction that occurred on Wednesday, April 15th. The shares were bought at an average price of GBX 529 per share, for a total transaction of £19,895.69. 4.37% of the stock is owned by corporate insiders.

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.