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

Hilton Food Group plc (LON:HFG) shares were down 10.8% on Thursday . The stock traded as low as GBX 447.89 and last traded at GBX 458.72. Approximately 26,305,262 shares traded hands during mid-day trading, an increase of 1,460% from the average daily volume of 1,685,976 shares. The stock had previously closed at GBX 514.

Analyst Ratings Changes

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

Hilton Food Group Stock Down 10.8%

The firm’s 50 day moving average price is GBX 500.97 and its two-hundred day moving average price is GBX 644.46. The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 148.82. The company has a market capitalization of £412.65 million, a P/E ratio of 10.67, a PEG ratio of 17.31 and a beta of 0.57.

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.