Scotiabank Increases High Liner Foods Inc (HLF) Price Target to C$20.00

High Liner Foods Inc (TSE:HLF) had its target price lifted by equities researchers at Scotiabank from C$18.50 to C$20.00 in a research report issued to clients and investors on Thursday, May 11th. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 10.44% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on HLF. Royal Bank of Canada reaffirmed a “sector perform” rating and set a C$23.00 target price on shares of High Liner Foods in a research note on Tuesday, February 21st. BMO Capital Markets lowered their target price on shares of High Liner Foods from C$23.00 to C$18.50 and set a “sector perform” rating on the stock in a research note on Thursday, February 23rd.

Shares of High Liner Foods (TSE:HLF) opened at 18.11 on Thursday. The firm has a 50-day moving average of $19.12 and a 200 day moving average of $18.82. 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 business also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 15th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $0.56 annualized dividend and a dividend yield of 3.09%.

ILLEGAL ACTIVITY NOTICE: This report was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at

About High Liner Foods

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.

What are top analysts saying about High Liner Foods Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for High Liner Foods Inc and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit