Hilton Food Group plc (HFG) Price Target Raised to GBX 755 at Panmure Gordon

Hilton Food Group plc (LON:HFG) had its price objective boosted by Panmure Gordon from GBX 715 ($9.33) to GBX 755 ($9.86) in a research note released on Tuesday. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently commented on HFG. Numis Securities Ltd lifted their price target on Hilton Food Group plc from GBX 729 ($9.52) to GBX 766 ($10.00) and gave the stock a buy rating in a research note on Tuesday, September 20th. Peel Hunt reaffirmed a buy rating and issued a GBX 650 ($8.48) price target on shares of Hilton Food Group plc in a research note on Tuesday, September 13th. Finally, Investec lifted their price target on Hilton Food Group plc from GBX 650 ($8.48) to GBX 660 ($8.62) and gave the stock a buy rating in a research note on Wednesday, September 14th. Six analysts have rated the stock with a buy rating, Hilton Food Group plc has a consensus rating of Buy and a consensus price target of GBX 691.20 ($9.02).

Hilton Food Group plc (LON:HFG) traded down 0.87% during midday trading on Tuesday, reaching GBX 625.00. The company had a trading volume of 2,541 shares. The company has a 50-day moving average of GBX 596.96 and a 200-day moving average of GBX 572.76. Hilton Food Group plc has a 12-month low of GBX 460.00 and a 12-month high of GBX 643.50. The stock’s market capitalization is GBX 457.31 million.

The business also recently announced a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 3rd will be issued a GBX 4.60 ($0.06) dividend. This represents a yield of 0.78%. This is an increase from Hilton Food Group plc’s previous dividend of $1.30. The ex-dividend date is Thursday, November 3rd.

In other Hilton Food Group plc news, insider Watson,Robert sold 5,000 shares of the business’s stock in a transaction on Tuesday, July 12th. The stock was sold at an average price of GBX 582 ($7.60), for a total value of £29,100 ($37,984.60).

About Hilton Food Group plc

Hilton Food Group plc is a United Kingdom-based retail meat packing company. The Company operates through three segments: Western Europe, Central Europe, and Central costs and other. The Western Europe segment covers its businesses in the United Kingdom, Ireland, Holland, Sweden and Denmark. In Central Europe, its meat packing business, based at Tychy in Poland, supplies customers across Central Europe, from Hungary to the Baltics.

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