High Liner Foods Inc (HLF) Rating Lowered to Hold at Beacon Securities
High Liner Foods Inc (TSE:HLF) was downgraded by stock analysts at Beacon Securities from a “buy” rating to a “hold” rating in a report issued on Thursday.
HLF has been the subject of several other research reports. RBC Capital Markets increased their price objective on High Liner Foods from C$23.00 to C$24.00 and gave the stock a “sector perform” rating in a research report on Friday, October 21st. Scotiabank reissued an “outperform” rating and issued a C$26.00 target price on shares of High Liner Foods in a report on Tuesday, August 23rd. Royal Bank Of Canada upped their target price on 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. Finally, BMO Capital Markets lowered their target price on High Liner Foods from C$27.00 to C$24.00 in a report on Thursday. Five equities research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and an average price target of C$23.50.
High Liner Foods (TSE:HLF) opened at 19.65 on Thursday. The stock’s 50 day moving average price is $24.63 and its 200 day moving average price is $21.37. High Liner Foods has a 12-month low of $12.08 and a 12-month high of $27.62. The stock has a market cap of $607.66 million and a price-to-earnings ratio of 18.71.
High Liner Foods Company Profile
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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