tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hilton Food Group Announces CEO Departure and Leadership Transition

Story Highlights
Hilton Food Group Announces CEO Departure and Leadership Transition

Claim 50% Off TipRanks Premium and Invest with Confidence

Hilton Food ( (GB:HFG) ) just unveiled an announcement.

Hilton Food Group PLC announced the immediate departure of Steve Murrells as CEO, with Mark Allen stepping in as Executive Chair to provide leadership during the search for a new CEO. Despite challenging trading conditions, the company remains in a strong financial position and maintains its financial year expectations.

The most recent analyst rating on (GB:HFG) stock is a Buy with a £790.00 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 Neutral.

Hilton Food’s overall stock score reflects strong financial performance and attractive valuation, tempered by bearish technical indicators and challenges highlighted in the earnings call. The company’s robust cash flow and dividend yield are key strengths, while supply chain issues and cost pressures pose risks.

To see Spark’s full report on GB:HFG stock, click here.

More about Hilton Food

Hilton Food Group PLC is a company operating in the food industry, primarily focused on the production and distribution of packaged food products. The company has expanded its international operations, notably into Canada and Saudi Arabia.

Average Trading Volume: 588,616

Technical Sentiment Signal: Sell

Current Market Cap: £443.4M

See more insights into HFG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1