High Liner Foods Inc (HLF) PT Lowered to C$19.00

High Liner Foods Inc (TSE:HLF) had its price objective lowered by BMO Capital Markets from C$22.00 to C$19.00 in a research note issued to investors on Thursday, May 11th.

Several other research firms have also commented on HLF. Royal Bank of Canada reiterated a sector perform rating and set a C$23.00 price target on shares of High Liner Foods in a report on Tuesday, February 21st. Scotiabank reduced their price objective on shares of High Liner Foods from C$24.00 to C$22.00 and set a sector perform rating on the stock in a report on Thursday, February 23rd.

Shares of High Liner Foods (TSE:HLF) opened at 18.11 on Thursday. High Liner Foods has a 1-year low of $17.01 and a 1-year high of $27.62. The stock has a market capitalization of $559.40 million and a PE ratio of 19.06. The firm has a 50-day moving average of $19.12 and a 200 day moving average of $18.82.

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The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, June 15th were issued a $0.14 dividend. The ex-dividend date was Tuesday, May 30th. This represents a $0.56 annualized dividend and a yield of 3.09%.

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.

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