Can High Liner Foods Inc’s Tomorrow be Different? The Stock Declines Again

 Can High Liner Foods Inc's Tomorrow be Different? The Stock Declines Again

The stock of High Liner Foods Inc (TSE:HLF) is a huge mover today! About 39,846 shares traded hands. High Liner Foods Inc (TSE:HLF) has risen 29.53% since April 21, 2016 and is uptrending. It has outperformed by 24.12% the S&P500.
The move comes after 9 months negative chart setup for the $626.33 million company. It was reported on Nov, 25 by Barchart.com. We have $18.60 PT which if reached, will make TSE:HLF worth $50.11M less.

High Liner Foods Inc (TSE:HLF) Ratings Coverage

Out of 3 analysts covering High Liner Foods Incorporated (TSE:HLF), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $32 is the highest target while $16 is the lowest. The $25.08 average target is 24.04% above today’s ($20.22) stock price. High Liner Foods Incorporated has been the topic of 13 analyst reports since July 29, 2015 according to StockzIntelligence Inc. RBC Capital Markets downgraded the shares of HLF in a report on Thursday, August 6 to “Sector Perform” rating.

Another recent and important High Liner Foods Inc (TSE:HLF) news was published by Wsj.com which published an article titled: “High Liner Foods to Close Massachusetts Plant” on January 09, 2015.

High Liner Foods Incorporated is a Canada firm engaged in processing and marketing of prepared and packaged frozen seafood products. The company has a market cap of $626.33 million. The Company’s retail branded products are sold across the United States, Canada and Mexico under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and C. It has a 14.28 P/E ratio. Wirthy & Co. brands.

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