Scotiabank Lowers Clearwater Seafoods Inc (CLR) Price Target to C$11.50
Clearwater Seafoods Inc (TSE:CLR) had its price objective cut by equities research analysts at Scotiabank from C$12.50 to C$11.50 in a research note issued to investors on Friday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 60.61% from the company’s current price.
Shares of Clearwater Seafoods (TSE CLR) opened at C$7.16 on Friday. Clearwater Seafoods has a one year low of C$6.90 and a one year high of C$13.23.
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In other Clearwater Seafoods news, insider Teresa Fortney bought 10,000 shares of the business’s stock in a transaction on Monday, August 21st. The stock was bought at an average price of C$10.75 per share, with a total value of C$107,500.00. Also, Director Brendan John Paddick bought 9,400 shares of the business’s stock in a transaction on Thursday, September 21st. The shares were acquired at an average cost of C$9.60 per share, with a total value of C$90,240.00. In the last three months, insiders have acquired 24,600 shares of company stock valued at $252,030.
Clearwater Seafoods Company Profile
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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