High Liner Foods Inc (HLF) Price Target Cut to C$15.00 by Analysts at BMO Capital Markets
High Liner Foods Inc (TSE:HLF) had its price target reduced by BMO Capital Markets from C$19.00 to C$15.00 in a note issued to investors on Wednesday. BMO Capital Markets’ price target indicates a potential upside of 3.45% from the company’s current price.
HLF has been the subject of several other research reports. Royal Bank Of Canada reduced their target price on shares of High Liner Foods from C$21.00 to C$20.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 1st. Beacon Securities upgraded shares of High Liner Foods from a “hold” rating to a “buy” rating in a research note on Monday, May 15th. Finally, Scotiabank upped their target price on shares of High Liner Foods from C$18.50 to C$20.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 11th.
High Liner Foods (TSE HLF) traded up 0.90% on Wednesday, reaching $14.63. 40,834 shares of the company were exchanged. The company’s 50-day moving average price is $16.99 and its 200-day moving average price is $18.20. High Liner Foods has a 12-month low of $13.90 and a 12-month high of $27.62. The stock has a market capitalization of $451.91 million and a P/E ratio of 15.40.
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About High Liner Foods
High Liner Foods Incorporated processes and markets frozen seafood products in Canada and the United States. The company provides a range of frozen seafood products, such as raw fillets and shellfish; cooked shellfish; and value-added products consisting of sauced, glazed, breaded, and battered seafood, as well as seafood entrées.
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