High Liner Foods (TSE:HLF - Get Free Report) has been assigned a C$22.00 target price by equities research analysts at Raymond James in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. Raymond James' price objective indicates a potential upside of 20.42% from the stock's previous close.
Other research analysts also recently issued reports about the stock. BMO Capital Markets upped their target price on shares of High Liner Foods from C$19.00 to C$19.50 in a research note on Thursday, May 22nd. Royal Bank of Canada upped their price objective 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 report on Monday, June 9th. Finally, Canaccord Genuity Group set a C$21.00 target price on High Liner Foods and gave the stock a "buy" rating in a research report on Thursday, May 22nd.
Get Our Latest Analysis on High Liner Foods
High Liner Foods Stock Down 0.1%
Shares of HLF traded down C$0.02 during midday trading on Tuesday, reaching C$18.27. 24,878 shares of the company were exchanged, compared to its average volume of 25,975. The company has a current ratio of 2.66, a quick ratio of 0.38 and a debt-to-equity ratio of 55.83. High Liner Foods has a 1-year low of C$12.25 and a 1-year high of C$19.07. The company has a market cap of C$382.92 million, a price-to-earnings ratio of 6.48 and a beta of 0.89. The stock has a 50-day moving average price of C$17.40 and a 200-day moving average price of C$16.48.
Insiders Place Their Bets
In related news, insider High Liner Foods Incorporated sold 184,500 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$17.02, for a total transaction of C$3,140,190.00. 44.28% of the stock is owned by company insiders.
About High Liner Foods
(
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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.
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