Hilton Food Group (LON:HFG) Trading Down 10.8% – Should You Sell?

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

Analyst Ratings Changes

Several research firms have recently commented on HFG. Berenberg Bank reduced their price target on shares of Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Royal Bank Of Canada cut their target price on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating for the company in a research note on Wednesday, November 12th. Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 25th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 670 price target on shares of Hilton Food Group in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 666.67.

Hilton Food Group Stock Down 10.8%

The firm has a market cap of £412.65 million, a PE ratio of 10.67, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. The business has a 50-day moving average price of GBX 500.97 and a two-hundred day moving average price of GBX 644.46.

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.