High Liner Foods (TSE:HLF) PT Set at C$21.00 by Canaccord Genuity Group

High Liner Foods (TSE:HLF) has been given a C$21.00 price objective by research analysts at Canaccord Genuity Group in a research note issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 20.00% from the company’s previous close.

High Liner Foods Price Performance

Shares of HLF stock opened at C$17.50 on Tuesday. The company has a debt-to-equity ratio of 55.83, a current ratio of 2.66 and a quick ratio of 0.38. The company has a market capitalization of C$366.78 million, a PE ratio of 6.21 and a beta of 0.89. The firm’s 50-day moving average is C$16.68 and its two-hundred day moving average is C$15.78. High Liner Foods has a 12 month low of C$12.25 and a 12 month high of C$17.79.

Insider Buying and Selling

In other High Liner Foods news, insider High Liner Foods Incorporated sold 184,500 shares of High Liner Foods stock in a transaction dated Thursday, March 27th. The shares were 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 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.