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

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

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets boosted their target price 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 objective on shares of High Liner Foods and gave the company a “buy” rating in a research note on Thursday, May 22nd.

High Liner Foods Stock Down 0.2%

Shares of TSE HLF opened at C$18.71 on Monday. The firm has a market cap of C$392.14 million, a price-to-earnings ratio of 6.64 and a beta of 0.89. The company has a quick ratio of 0.38, a current ratio of 2.66 and a debt-to-equity ratio of 55.83. High Liner Foods has a 52-week low of C$12.25 and a 52-week high of C$19.07. The business’s 50 day moving average is C$17.27 and its two-hundred day moving average is C$16.41.

Insider Buying and Selling at High Liner Foods

In other news, insider High Liner Foods Incorporated sold 184,500 shares of the 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 insiders.

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.