Shore Capital Reiterates “House Stock” Rating for Hilton Food Group (LON:HFG)

Shore Capital reiterated their house stock rating on shares of Hilton Food Group (LON:HFG) in a research note issued to investors on Wednesday, Marketbeat reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and set a GBX 1,105 ($14.53) target price on shares of Hilton Food Group in a research report on Thursday, August 22nd.

Hilton Food Group Stock Performance

Shares of HFG stock opened at GBX 950 ($12.49) on Wednesday. Hilton Food Group has a 12-month low of GBX 634.03 ($8.34) and a 12-month high of GBX 996 ($13.10). The business’s fifty day simple moving average is GBX 928.54 and its 200-day simple moving average is GBX 893.84. The company has a current ratio of 1.17, a quick ratio of 0.88 and a debt-to-equity ratio of 153.45. The company has a market cap of £851.20 million, a PE ratio of 2,375.00, a PEG ratio of 17.31 and a beta of 0.57.

Hilton Food Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 9.60 ($0.13) per share. This represents a yield of 0.99%. The ex-dividend date of this dividend is Thursday, October 31st. Hilton Food Group’s dividend payout ratio is presently 8,000.00%.

Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. It offers beef, pork, lamb, poultry, seafood, and vegan and vegetarian food, such as steak, roast, diced, mince, meatloaf, sausages, burgers, meatballs ribs, chops, bacon, gammon, schnitzel, pulled belly, rib rack, smoked loin, shanks, carcass, chicken kabab, chicken drumsticks, chicken tight, chicken wings, half chicken, duck leg, duck half, coated, salmon, white fish, shellfish, fish cakes, smoked salmon, strips, nuggets, pulled, and balls.