Scotiabank Cuts High Liner Foods Inc (HLF) Price Target to C$23.00
High Liner Foods Inc (TSE:HLF) had its target price reduced by Scotiabank from C$26.00 to C$23.00 in a research note released on Thursday. Scotiabank currently has a sector perform rating on the stock.
Several other research firms also recently commented on HLF. BMO Capital Markets decreased their price objective on shares of High Liner Foods from C$27.00 to C$24.00 in a report on Thursday, November 10th. RBC Capital Markets upped their price objective 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. Royal Bank Of Canada upped their price objective on shares of High Liner Foods from C$23.00 to C$24.00 and gave the company a sector perform rating in a report on Friday, October 21st. Finally, Beacon Securities reiterated a buy rating on shares of High Liner Foods in a report on Monday, September 12th. Five research analysts have rated the stock with a hold rating, The company has an average rating of Hold and a consensus target price of C$23.50.
High Liner Foods (TSE:HLF) opened at 19.00 on Thursday. The company’s 50-day moving average is $24.45 and its 200 day moving average is $21.46. High Liner Foods has a one year low of $12.08 and a one year high of $27.62. The company has a market capitalization of $586.85 million and a P/E ratio of 18.46.
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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