Hilton Food Group (HFG) Stock Rating Reaffirmed by Numis Securities

Hilton Food Group (LON:HFG)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities in a report released on Friday. They currently have a GBX 1,125 ($14.70) price target on the stock. Numis Securities’ price target indicates a potential upside of 25.84% from the company’s previous close.

A number of other equities analysts have also commented on the stock. Shore Capital reaffirmed a “buy” rating on shares of Hilton Food Group in a research report on Thursday, November 1st. Peel Hunt reaffirmed a “hold” rating on shares of Hilton Food Group in a research report on Thursday, January 10th. Finally, HSBC started coverage on shares of Hilton Food Group in a research report on Friday, January 25th. They set a “hold” rating and a GBX 920 ($12.02) target price on the stock.

Shares of LON:HFG traded down GBX 20 ($0.26) during trading on Friday, reaching GBX 894 ($11.68). 45,496 shares of the company were exchanged, compared to its average volume of 37,780. Hilton Food Group has a 12-month low of GBX 620 ($8.10) and a 12-month high of GBX 900 ($11.76).

In other news, insider Robert Watson sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 10th. The shares were sold at an average price of GBX 950 ($12.41), for a total transaction of £475,000 ($620,671.63).

Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the retail meat 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, as well as trades in meat products.

Read More: Backdoor Roth IRA

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.

Leave a Reply