Hilton Food Group plc (LON:HFG – Get Free Report) dropped 17.4% on Thursday after Royal Bank Of Canada lowered their price target on the stock from GBX 1,050 to GBX 750. Royal Bank Of Canada currently has a sector perform rating on the stock. Hilton Food Group traded as low as GBX 659 ($8.90) and last traded at GBX 679 ($9.17). Approximately 3,561,642 shares changed hands during trading, an increase of 1,035% from the average daily volume of 313,876 shares. The stock had previously closed at GBX 822 ($11.10).
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a report on Wednesday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 935.
Check Out Our Latest Analysis on HFG
Hilton Food Group Stock Up 2.2%
Hilton Food Group (LON:HFG – Get Free Report) last posted its quarterly earnings data on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share (EPS) for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. On average, research analysts forecast that Hilton Food Group plc will post 62.3340321 earnings per share for the current year.
About Hilton Food Group
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.
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