High Liner Foods Inc (HLF) Price Target Lowered to C$16.00 at Royal Bank Of Canada

High Liner Foods Inc (TSE:HLF) had its price target lowered by Royal Bank Of Canada from C$17.00 to C$16.00 in a research report sent to investors on Friday morning. The firm currently has a sector perform rating on the stock.

HLF has been the subject of a number of other research reports. Scotiabank reduced their target price on High Liner Foods from C$15.50 to C$15.00 and set a sector perform rating for the company in a report on Friday. BMO Capital Markets reduced their target price on High Liner Foods from C$19.00 to C$15.00 in a report on Wednesday, August 16th.

Shares of High Liner Foods (TSE:HLF) opened at C$13.26 on Friday. High Liner Foods has a 1-year low of C$13.12 and a 1-year high of C$21.60.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by Stock Observer and is owned by of Stock Observer. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.thestockobserver.com/2017/11/14/high-liner-foods-inc-hlf-price-target-lowered-to-c16-00-at-royal-bank-of-canada.html.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be paid a $0.145 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from High Liner Foods’s previous quarterly dividend of $0.14. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.37%. High Liner Foods’s dividend payout ratio is 40.55%.

High Liner Foods Company Profile

High Liner Foods Incorporated is a Canada-based company, which is engaged in the processing and marketing of frozen seafood products. The Company produces a range of products from breaded and battered items to seafood entrees, which are sold to North American food retailers and foodservice distributors.

Receive News & Ratings for High Liner Foods Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for High Liner Foods Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply