Panmure published a new note out this morning on Research Tree: "HFG's share price has fallen 12% since reaching an all-time high of 610p on May 27th. The vast bulk of the fall has however occurred since June 2nd following the publication of the FTSE UK Index Series Annual Review June 2016. HFG will therefore drop out of the FTSE SmallCap Index on June 20th for liquidity reasons. On fundamental and valuation grounds, we see this 12% fall as unwarranted and therefore believe the current weakness in HFG's share price creates an attractive buying opportunity, particularly given HFG's..."
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Read Panmure Gordon & Co's note on Hilton Food Group, out this morning, on Research Tree: "Today’s trading update is in line with HFG Board’s expectations. We therefore leave our FY16 estimates unchanged, but we highlight the continuation of the established positive patterns. We also note the positive tone of management commentary which bodes well for the rest of FY16 and beyond, with the tone underpinned by HFG’s increasingly potent competitive position, a clear, consistent and demonstrable strategy for continued profit growth, sound financial position, and good operating cash flow generation. We retain..."
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