Clearwater Seafoods Inc (CLR) Price Target Lowered to C$8.00 at BMO Capital Markets
Clearwater Seafoods Inc (TSE:CLR) had its price target cut by BMO Capital Markets from C$11.00 to C$8.00 in a report issued on Monday. BMO Capital Markets’ price target suggests a potential upside of 11.73% from the company’s current price.
Separately, Scotiabank cut their price target on shares of Clearwater Seafoods from C$14.00 to C$13.50 and set an “outperform” rating for the company in a report on Friday, September 8th.
Clearwater Seafoods (TSE CLR) traded down C$0.60 on Monday, reaching C$7.16. 441,987 shares of the company traded hands, compared to its average volume of 99,976. Clearwater Seafoods has a 52 week low of C$6.90 and a 52 week high of C$13.23.
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In other news, insider Teresa Fortney purchased 10,000 shares of the business’s stock in a transaction on Monday, August 21st. The stock was purchased at an average cost of C$10.75 per share, with a total value of C$107,500.00. Also, Director Brendan John Paddick purchased 9,400 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was purchased at an average cost of C$9.60 per share, with a total value of C$90,240.00. Over the last three months, insiders acquired 24,600 shares of company stock valued at $252,030.
About Clearwater Seafoods
Clearwater Seafoods Incorporated is a seafood company. The Company is engaged in the ownership and operation of assets and property in connection with the harvesting, processing, distribution and marketing of seafood. The Company’s segment includes integrated operations for harvesting, processing and distribution of seafood products.
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