High Liner Foods (TSE:HLF) Price Target Raised to C$21.00

High Liner Foods (TSE:HLF) had its price objective raised by BMO Capital Markets from C$19.50 to C$21.00 in a research note published on Wednesday morning,BayStreet.CA reports.

Other analysts also recently issued research reports about the stock. 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 report on Thursday, May 22nd. Raymond James Financial set a C$22.00 price target on shares of High Liner Foods and gave the stock an “outperform” rating in a research report on Tuesday, June 17th. Finally, Royal Bank Of Canada raised their price target 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 Trading Up 2.5%

TSE HLF opened at C$18.71 on Wednesday. High Liner Foods has a one year low of C$12.25 and a one year high of C$19.07. The company’s 50 day moving average price is C$17.84 and its 200 day moving average price is C$16.72. The company has a debt-to-equity ratio of 55.83, a quick ratio of 0.38 and a current ratio of 2.66. The firm has a market capitalization of C$392.14 million, a price-to-earnings ratio of 6.64 and a beta of 0.89.

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.