Hilton Food Group plc -11.1% potential downside indicated by RBC Capital Markets

Hilton Food Group plc with ticker (LON:HFG) now has a potential downside of -11.1% according to RBC Capital Markets.



RBC Capital Markets set a target price of 700 GBX for the company, which when compared to the Hilton Food Group plc share price of 787 GBX at opening today (19/09/2023) indicates a potential downside of -11.1%. Trading has ranged between 495 (52 week low) and 799 (52 week high) with an average of 209,699 shares exchanging hands daily. The market capitalisation at the time of writing is £691,818,873.

Hilton Food Group plc is a United Kingdom-based specialist international food packing business. The Company is an international protein producer supplying international food retailers in approximately 14 European countries, Australia and New Zealand. It offers a range of foods, including red meat, meat, poultry, fish, food for now, food for later, and vegetarian and vegan. It works in partnership with suppliers to deliver pork, beef, lamb, veal and poultry. Its added value ranges include sausages, burgers, meatballs, kebabs, meatloaf, schnitzel, and marinated steaks and joints. The Company sources fishes from farms and fisheries. Its range of fish products include smoked salmon, wet fish, shellfish, coated fish, fish cakes and prawns. It also manufactures fish and sauce combinations in United Kingdom. The Company offers a range of sandwiches, wraps, baguettes, salads, hummus and pre-cooked burgers. Its food for later ranges includes ready meals, pizza, garlic bread and soups.