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BMO Capital Markets announced High Liner Foods (TSE:HLF), bumping up its stock price target to $14.00 today

In a report released on 11/14/2017 BMO Capital Markets increased the stock price target of High Liner Foods (TSE:HLF) to $14.00 reporting a possible upside of 0.05%.

Previously on Friday November 10, 2017, Scotia Capital reported on High Liner Foods (TSE:HLF) reduced the target price from $15.50 to $15.00. At the time, this indicated a possible upside of 0.09%.

Just yesterday High Liner Foods (TSE:HLF) traded 1.13% higher at $13.37. High Liner Foods’s 50-day moving average is $14.10 and its 200-day moving average is $16.60. The last closing price is down -14.01% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 56,049 shares of HLF traded hands, down from an average trading volume of 56,051

Recent Performance Chart

High Liner Foods (TSE:HLF)

High Liner Foods has 52 week low of $13.37 and a 52 week high of $27.62 with a PE ratio of 17.84 and has a market capitalization of $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $17.99 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On High Liner Foods (TSE:HLF)

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. The Company operates through Canadian Operations and U.S. operations. The Company offers its products under Foodservice and Retail brand. The retail channel includes grocery and club stores and its products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and C. Wirthy & Co. labels. The foodservice channel includes sales of seafood that are sold through distributors to restaurants and institutions under the High Liner, Icelandic Seafood1, Mirabel and FPI labels. It owns and operates three food-processing plants located in Nova Scotia, New Hampshire and Virginia.

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