Scotiabank Cuts High Liner Foods (HLF) Price Target to C$13.00

High Liner Foods (TSE:HLF) had its price target decreased by Scotiabank from C$15.00 to C$13.00 in a research report released on Thursday. Scotiabank currently has a sector perform rating on the stock.

Several other brokerages have also issued reports on HLF. Royal Bank of Canada dropped their target price on shares of High Liner Foods from C$17.00 to C$16.00 and set a sector perform rating for the company in a research report on Friday, November 10th. BMO Capital Markets reiterated a market perform rating and set a C$14.00 target price on shares of High Liner Foods in a research report on Tuesday, November 14th.

High Liner Foods (TSE:HLF) opened at C$11.20 on Thursday. High Liner Foods has a 1 year low of C$11.10 and a 1 year high of C$21.60. The company has a market cap of $373.85, a P/E ratio of 11.31 and a beta of 0.61.

In other High Liner Foods news, Director Robert Pace sold 6,674 shares of High Liner Foods stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of C$14.11, for a total transaction of C$94,170.14.

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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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