BMO Capital Markets Issues Positive Forecast for High Liner Foods (TSE:HLF) Stock Price

High Liner Foods (TSE:HLF) had its price target boosted by investment analysts at BMO Capital Markets from C$14.50 to C$16.40 in a research note issued to investors on Thursday,BayStreet.CA reports. BMO Capital Markets’ price target would indicate a potential upside of 4.66% from the company’s previous close.

High Liner Foods Stock Performance

Shares of TSE:HLF traded up C$0.37 during trading on Thursday, hitting C$15.67. The company’s stock had a trading volume of 23,970 shares, compared to its average volume of 21,075. The company has a debt-to-equity ratio of 61.80, a current ratio of 2.88 and a quick ratio of 0.38. The firm has a market cap of C$469.00 million, a price-to-earnings ratio of 8.12 and a beta of 0.89. The company has a 50-day moving average of C$14.35 and a 200-day moving average of C$13.61. High Liner Foods has a 12 month low of C$10.67 and a 12 month high of C$16.23.

High Liner Foods Company Profile

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.