Hilton Food Group (LON:HFG) Sets New 1-Year Low at $638.00

Hilton Food Group plc (LON:HFGGet Rating) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 638 ($7.71) and last traded at GBX 650 ($7.85), with a volume of 137782 shares. The stock had previously closed at GBX 664 ($8.02).

Analysts Set New Price Targets

A number of equities analysts recently issued reports on HFG shares. Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a report on Thursday, September 15th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 1,500 ($18.12) price objective on shares of Hilton Food Group in a report on Wednesday, June 1st. Finally, Peel Hunt restated a “buy” rating and set a GBX 1,380 ($16.67) target price on shares of Hilton Food Group in a research note on Tuesday, May 24th.

Hilton Food Group Stock Performance

The company has a market cap of £581.68 million and a P/E ratio of 1,444.44. The business’s 50 day simple moving average is GBX 987.40 and its 200 day simple moving average is GBX 1,077.36. The company has a current ratio of 0.85, a quick ratio of 0.60 and a debt-to-equity ratio of 152.02.

Hilton Food Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 3rd will be paid a dividend of GBX 7.10 ($0.09) per share. This represents a yield of 1.07%. The ex-dividend date is Thursday, November 3rd. Hilton Food Group’s payout ratio is 60.44%.

About Hilton Food Group

(Get Rating)

Hilton Food Group plc, together with its subsidiaries, engages in the food 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.

Further Reading

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