Scotiabank Reiterates Their Buy Rating on Clearwater Seafoods (CLR)


In a new note to investors on March 8, an analyst has provided a rating update for the Services sector company, Clearwater Seafoods (CLR). Scotiabank’s analyst George Doumet reiterates their Buy rating on the shares, with a C$7 price target.

According to TipRanks.com, Doumet is ranked #2046 out of 5231 analysts.

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Clearwater Seafoods has an analyst consensus of Moderate Buy, with a price target consensus of C$6.50.

Clearwater Seafoods’ market cap is currently C$334.6M and has a P/E ratio of 0. The company has a Price to Book ratio of 2.20.

Clearwater Seafoods, Inc. engages in the provision of vertically-integrated seafood business. It offers scallops, lobster, clam, shrimp, snow crab, masago, Norway lobster, and rock crab. The company was founded by John C. Risley and Colin E. MacDonald in 1976 and is headquartered in Bedford, Canada.

The company’s shares closed on Monday at C$5.18.

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