High Liner Foods Inc (HLF) Price Target Cut to C$24.00
High Liner Foods Inc (TSE:HLF) had its price target lowered by BMO Capital Markets from C$27.00 to C$24.00 in a report issued on Thursday. BMO Capital Markets’ price objective indicates a potential upside of 22.14% from the company’s previous close.
A number of other analysts have also recently weighed in on the stock. Royal Bank Of Canada raised their price target on shares of High Liner Foods from C$17.00 to C$23.00 and gave the company a “sector perform” rating in a report on Friday, August 19th. Scotiabank cut shares of High Liner Foods from an “outperform” rating to a “sector perform” rating and set a C$26.00 price target on the stock. in a report on Monday, October 3rd. RBC Capital Markets raised their price target on shares of High Liner Foods from C$17.00 to C$23.00 and gave the company a “sector perform” rating in a report on Wednesday, August 17th. Finally, Beacon Securities restated a “buy” rating on shares of High Liner Foods in a report on Monday, September 12th. Five analysts have rated the stock with a hold rating, High Liner Foods currently has a consensus rating of “Hold” and a consensus price target of C$23.50.
High Liner Foods (TSE:HLF) opened at 19.65 on Thursday. The firm has a 50 day moving average of $24.63 and a 200-day moving average of $21.37. High Liner Foods has a 52-week low of $12.08 and a 52-week high of $27.62. The company has a market capitalization of $607.66 million and a price-to-earnings ratio of 18.71.
About High Liner Foods
High Liner Foods Incorporated is a Canada-based company engaged in processing and marketing of prepared and packaged frozen seafood products. The Company’s retail branded products are sold across the United States, Canada and Mexico under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and C. Wirthy & Co brands.
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