Hilton Food Group (LON:HFG) Hits New 1-Year High – Here’s What Happened

Shares of Hilton Food Group plc (LON:HFG) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 701 and last traded at GBX 695, with a volume of 367510 shares traded. The stock had previously closed at GBX 631.

Analysts Set New Price Targets

A number of research firms have issued reports on HFG. Shore Capital Group reiterated a “house stock” rating on shares of Hilton Food Group in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 815 price objective on shares of Hilton Food Group in a research report on Monday, August 3rd. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 703.75.

Hilton Food Group Price Performance

The company has a debt-to-equity ratio of 129.90, a current ratio of 1.10 and a quick ratio of 0.88. The stock has a market capitalization of £644.98 million, a price-to-earnings ratio of 8.21, a PEG ratio of 17.31 and a beta of 0.75. The stock’s 50 day simple moving average is GBX 575.20 and its 200-day simple moving average is GBX 540.49.

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.