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High Liner Foods (HLF) Gets a Hold Rating from RBC Capital


Yesterday, an analyst has provided a rating update for High Liner Foods (HLF). Analyst Sabahat Khan from RBC Capital rated High Liner Foods (HLF) a Hold, setting a C$7 price target.

According to TipRanks.com, Khan is ranked #1135 out of 4912 analysts.

High Liner Foods has an analyst consensus of Hold, with a price target consensus of C$6.25, implying a -3.4% downside from current levels. In a report released yesterday, Scotiabank also reiterated a Hold rating on the stock with a C$6 price target.

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High Liner Foods’ market cap is currently C$234.4M and has a P/E ratio of 5.4. The company has a Price to Book ratio of 0.65.

High Liner Foods, Inc. engages in the processing and marketing of prepared and packaged frozen seafood products. It also markets its products under the brands High Liner, Icelandic Seafood, FPI, Viking, Mirabel, American Pride Seafood, Fisher Boy, Sea Cuisine, and 40 Fathoms. The company was founded in 1967 and is headquartered in Lunenburg, Canada.

The company’s shares closed on Friday at C$6.47, close to its 52-week low of C$6.35.