Hilton Food Group (HFG) Receives Buy Rating from Numis Securities

Numis Securities restated their buy rating on shares of Hilton Food Group (LON:HFG) in a report issued on Friday morning. They currently have a GBX 1,125 ($14.70) price objective on the stock.

Several other analysts have also recently commented on the stock. Shore Capital reiterated a buy rating on shares of Hilton Food Group in a research note on Thursday, November 1st. Peel Hunt reiterated a hold rating on shares of Hilton Food Group in a research note on Thursday, January 10th. Finally, HSBC initiated coverage on shares of Hilton Food Group in a research note on Friday, January 25th. They issued a hold rating and a GBX 920 ($12.02) price target on the stock.

HFG stock traded down GBX 20 ($0.26) during mid-day trading on Friday, hitting GBX 894 ($11.68). The company had a trading volume of 45,496 shares, 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 Hilton Food Group news, insider Robert Watson sold 50,000 shares of the business’s stock in a transaction on Thursday, January 10th. The shares were sold at an average price of GBX 950 ($12.41), for a total value of £475,000 ($620,671.63).

About Hilton Food Group

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.

See Also: What is the Bid-Ask Spread?

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