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

High Liner Foods (TSE:HLF) had its target price lifted by Royal Bank of Canada from C$20.00 to C$21.00 in a research report sent to investors on Monday,BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.

A number of other equities analysts have also weighed in on HLF. Canaccord Genuity Group set a C$21.00 price target on shares of High Liner Foods and gave the company a “buy” rating in a report on Thursday, May 22nd. BMO Capital Markets lifted their price target on shares of High Liner Foods from C$19.00 to C$19.50 in a report on Thursday, May 22nd.

High Liner Foods Stock Down 0.2%

Shares of TSE HLF opened at C$18.71 on Monday. High Liner Foods has a 1 year low of C$12.25 and a 1 year high of C$19.07. The firm’s 50 day moving average price is C$17.27 and its 200 day moving average price is C$16.41. The firm has a market cap of C$392.14 million, a P/E ratio of 6.64 and a beta of 0.89. The company has a debt-to-equity ratio of 55.83, a quick ratio of 0.38 and a current ratio of 2.66.

Insider Buying and Selling at High Liner Foods

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