High Liner Foods (TSE:HLF) Rating Increased to Moderate Buy at Raymond James Financial

High Liner Foods (TSE:HLF - Get Free Report) was upgraded by research analysts at Raymond James Financial to a "moderate buy" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other equities research analysts also recently commented on the company. BMO Capital Markets lifted their price target on shares of High Liner Foods from C$19.00 to C$19.50 in a research note on Thursday, May 22nd. Canaccord Genuity Group set a C$21.00 price target on shares of High Liner Foods and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Finally, Royal Bank Of Canada lifted their target price on shares of High Liner Foods from C$20.00 to C$21.00 and gave the stock a "sector perform" rating in a research report on Monday, June 9th.

High Liner Foods Stock Up 0.1%

High Liner Foods stock opened at C$18.30 on Monday. High Liner Foods has a 12 month low of C$12.25 and a 12 month high of C$19.07. The stock has a fifty day simple moving average of C$17.43 and a two-hundred day simple moving average of C$16.50. The firm has a market cap of C$383.55 million, a price-to-earnings ratio of 6.50 and a beta of 0.89. The company has a current ratio of 2.66, a quick ratio of 0.38 and a debt-to-equity ratio of 55.83.

Insider Activity at High Liner Foods

In other High Liner Foods news, insider High Liner Foods Incorporated sold 184,500 shares of the company's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of C$17.02, for a total value of C$3,140,190.00. 44.28% of the stock is currently owned by company insiders.

High Liner Foods Company Profile

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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