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Hilton Food ( (GB:HFG) ) has shared an update.
Hilton Food Group plc has reported that its trading performance for the year to date is in line with the Board’s expectations, with growth in volumes and sales across all regions. The company is making significant progress with its strategic partnerships, including upcoming launches with Walmart in Canada and NADEC in Saudi Arabia. Despite an uncertain macroeconomic environment, Hilton Foods remains confident in its ability to achieve earnings growth for the full year, supported by investments in growth opportunities and a commitment to sustainability.
The most recent analyst rating on (GB:HFG) stock is a Buy with a £12.00 price target. To see the full list of analyst forecasts on Hilton Food stock, see the GB:HFG Stock Forecast page.
Spark’s Take on GB:HFG Stock
According to Spark, TipRanks’ AI Analyst, GB:HFG is a Outperform.
Hilton Food Group shows solid financial performance with robust cash flows and effective cost management. Recent corporate events, including insider confidence and international expansion plans, enhance its growth prospects. Technical indicators show stability, while the valuation suggests a fair market price.
To see Spark’s full report on GB:HFG stock, click here.
More about Hilton Food
Hilton Food Group plc is a leading international multi-protein food business, focusing on providing a variety of meat and meal products. The company operates across the UK, Ireland, Europe, and the Asia-Pacific region, with a strong emphasis on sustainability through its Sustainable Protein Plan.
Average Trading Volume: 208,916
Technical Sentiment Signal: Strong Buy
Current Market Cap: £805.1M
Learn more about HFG stock on TipRanks’ Stock Analysis page.