High Liner Foods (TSE:HLF) Price Target Raised to C$21.00 at BMO Capital Markets

High Liner Foods (TSE:HLF - Free Report) had its price objective boosted by BMO Capital Markets from C$19.50 to C$21.00 in a report released on Wednesday,BayStreet.CA reports.

Several other research firms have also recently issued reports on HLF. Canaccord Genuity Group set a C$21.00 price objective on High Liner Foods and gave the company a "buy" rating in a research report on Thursday, May 22nd. Raymond James Financial set a C$22.00 price objective on High Liner Foods and gave the company an "outperform" rating in a research report on Tuesday, June 17th. Finally, Royal Bank Of Canada boosted their target price on shares of High Liner Foods from C$20.00 to C$21.00 and gave the company a "sector perform" rating in a research note on Monday, June 9th.

High Liner Foods Stock Up 2.5%

HLF stock traded up C$0.45 during midday trading on Wednesday, hitting C$18.71. The company's stock had a trading volume of 19,049 shares, compared to its average volume of 25,212. The company has a market cap of C$392.14 million, a PE ratio of 6.64 and a beta of 0.89. High Liner Foods has a 12 month low of C$12.25 and a 12 month high of C$19.07. The company has a current ratio of 2.66, a quick ratio of 0.38 and a debt-to-equity ratio of 55.83. The firm's 50-day moving average is C$17.84 and its 200-day moving average is C$16.72.

About High Liner Foods

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.