MARKET TALK: Investec Raises Hilton Food Group Price Target

23rd Jul 2010 11:40

1040 GMT [Dow Jones] Investec Securities raises Hilton Food Group (HFG.LN) price target to 200p from 255p following the company's 1H update, which showed resilient trading. Says: "The group has a resilient business model, but it is still reassuring to hear that the underlying business is on track, as well as progress being made in the development of new geographies." Adds that the company's balance sheet is strong. Keeps the stock at hold. Shares flat at 252p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 23, 2010 06:40 ET (10:40 GMT)

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